„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:
Financial and BankingView all itemsFeenstra, Robert C., and Taylor, Alan M. “International Trade.” Worth Publishers, 2011.
