M6 Discussion- Do as the requirement

Post B

1. Review the submissions your peers made in Post A.

2. Read the article, “What is Counter Trade” at this link (Links to an external site.) .

3. Visit the Observatory of Economic Complexity website (Links to an external site.) . Identify a “lesser known good” that Your Country exports (other than petroleum products).

4. Your Country wants to countertrade that “lesser known good” you selected for US$100,000 worth of Jack Link’s Beef Jerky. The firm for which you are consulting obviously wants to obtain more than US$100,000 worth of that good. How does Link Snack, Inc. go about determining how much of that “lesser known good” they need to take in exchange? Include information that supports your recommendation

 

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