„Switch Arrangements“

What does Switch Arrangements stand for?

A form of countertrade in which the seller sells on credit and then transfers the credit to a third party at a discount. Or, in another type of switch, the rights to purchase certain goods, resulting from a countertrade operation, are sold to a third party at a discount.

Source:

Feenstra, Robert C., and Taylor, Alan M. “International Trade.” Worth Publishers, 2011.

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