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Countertrade Is an Alternative Means of Structuring an International Sale

question 77

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Countertrade is an alternative means of structuring an international sale when conventional means of payment are difficult, costly, or nonexistent.


Definitions:

Cryptochrome

A class of flavoproteins that are sensitive to blue light and have roles in the circadian rhythms of plants and animals.

Circadian Rhythm

A natural, internal process that regulates the sleep-wake cycle and repeats on each rotation of the Earth roughly every 24 hours.

Thigmomorphogenesis

The growth and developmental changes in plants that result from mechanical stimulation or touch.

Cytokinins

A class of plant hormones that promote cell division and growth, and delay senescence.

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