Business & Finance Homework Help

Please answer one of the following questions:

1. An alternative to using a letter of credit is export credit insurance. What are the advantages and disadvantages of using export credit insurance rather than a letter of credit for exporting (a) a luxury yacht from California to Canada, and (b) machine tools from New York to Ukraine?

1. How do you explain the popularity of countertrade? Under what scenarios might its use increase still further by the year 2020?  Under what scenarios might its use decline?

1. How might a company make strategic use of countertrade schemes as a marketing weapon to generate export sales revenues? What are the risks associated with pursuing such a strategy?

Please remember to include an additional source

Grading will be as follows:

• Post a thorough response:
  • Include substantive content- 5 points
  • Include a valid internet resource to substantiate your response   –  responses that do not include a valid resource will earn a “0”
  • One or two paragraphs for your selected question
  • Your response should be free of grammar and spelling errors