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What are the advantage and disadvantage of barter?
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What does “global firms” refer to?
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Why do countries with strong foreign exchange position need countertrade?
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Please give a synonym to the expression “given” and explain the meaning of “draw the line”.
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What would Japan do in the past when foreign countries put pressure on its international trade policy?
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Please paraphrase the underlined sentence “No longer, it seems.”
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Translate the English into Chinese.Since the late 1970s China has also adopted foreign trade practices long-established in many other countries. Goods are produced according to a sample provided by the customer, while strong encouragement is given to compensation trade whereby a foreign seller supplies raw materials and equipment and receives manufactured goods, produced by the equipment provided, in return. Compensation trade differs from barter or countertrade insofar as there is a direct link between the equipment supplied from abroad and the manufactured product.