Kendrik was frustrated that his DVD player wouldn’t play a D…

Kendrik was frustrated that his DVD player wouldn’t play a DVD he purchased while on vacation in Great Britain. When he called the manufacturer to complain, he was told that European DVDs are formatted differently and won’t play on all machines. This is evidence of how ________ can place a constraint on global markets.

A firm sells some products to a foreign country. The foreign…

A firm sells some products to a foreign country. The foreign country pays the firm in dollars but in exchange the firm agrees to spend some of the proceeds from the sale on textiles produced by the foreign country. What type of countertrade arrangement are the two parties engaged in?