Purchase Planner Question:
Download Questions PDF

What is Reciprocal trading?

Answer:

Reciprocal trading provides participating nations with equivalent competitive trading opportunities based on mutual agreements negotiated to adjust tariffs, duties, and customs restrictions in order to increase foreign trade and improve border-to-border relationships among participating countries.

Download Purchase Planner Interview Questions And Answers PDF

Previous QuestionNext Question
How to calculate inventory turns?What is Counter trading?