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particular product.
2. Exporting sometimes takes place through countertrade agreements, which
involve bartering products for other products instead of currency.
3. Many firms choose to export through an export agent, an intermediary that
handles international transactions for other firms.
a. An advantage of using an agent is that the company does not have to deal
with foreign currencies or the red tape of international business.
b. A major disadvantage of export agents is that, because the agent must make
a profit, either the price of the product must be increased or the domestic
company must provide a larger discount than it would in a domestic
transaction.
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