Daimler AG agreeing to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, is an example of countertrade
<h3>What is Countertrade?</h3>
Countertrade is the means by which good and services is being paid for, with other goods or services, instead of with money.
Examples of countertrade include:
- Barter
- Counter purchase
- Offsets
From the question, since Daimler AG agreed to sell 30 trucks to Romania in exchange for 150 Romanian-made Jeeps, hence countertrade has occurred.
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The consumer sector is the largest part of the macroeconomy
TRUE
Answer:
A) (I) is true, (II) false.
Explanation:
Banks are financial intermediaries that accept deposits and make loans.
However the term "banks" does not regularly include firms such as credit unions, insurance companies, and pension funds.; because credit unions are not-for-profit organisations and insurance companies are a non-bank financial institution that provides its customers risk protection depending on the level of policy they have sold to such customers. Pension funds are more like deposits made against retirement.
Entrepreneurship is the answer , hope this helps ! :)
Answer:
Micro environment
Explanation:
The institution's micro-environment comprises of those components that are manageable. Generally the micro-environment doesn't really impact all businesses in a sector in same manner, as the scale, efficiency, competence and approaches are different.
For instance, the suppliers of raw materials are giving big corporations more compromises. We might not offer small businesses the same concessions though. Thus, from the above we can conclude that the correct answer is micro-environment.