parallel tradeit is a form of countertrade that, Financial Management

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parallel tradeit is a form of countertrade that

Parallel Trade

It is a form of countertrade that involves the execution of 2 distinct and individually enforceable contracts: the first for the sale of goods by an exporter, the second for the purchase of the goods. Parallel trade agreements that involve cash transfers are also known as counter- purchases. Both contracts are needed for insurance, and much time credit, for each shipment.

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