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Business, 04.01.2020 05:31 jangk

Afirm concludes a counterpurchase agreement with a foreign country for which it receives some counterpurchase credits for purchasing its goods. the firm does not want any foreign goods, however, so it sells the credits to a third-party trading house at a discount. the trading house finds a firm that can use the credits and sells them at a profit. this is an example of

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