PepsiCo Sold Its Cola Syrup to Russia and Agreed to Buy

question 36

Essay

PepsiCo sold its cola syrup to Russia and agreed to buy Russian vodka at a certain rate for sale in the United States for the next five years. What kind of a countertrade did both the parties indulge in?

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Definitions:

Authorized

Officially permitted or endowed with legal power or right by a legal or regulatory body.

Corporate Securities

Financial instruments such as stocks and bonds issued by corporations to raise capital, representing ownership or debt obligations.

Articles of Incorporation

Legal documents filed with a governmental body to legally document the creation of a corporation.

Incorporator

The person or entity that files the articles of incorporation, officially forming a corporation with the state.