If Azerbaijan Imported Wheat from Romania in Exchange for Crude

question 71

Multiple Choice

If Azerbaijan imported wheat from Romania in exchange for crude oil, and Vietnam exchanged rice for Philippine fertilizer and coconuts then these scenarios would be examples of ________.

• A) cash transaction
• B) compensation
• C) buyback
• D) blocked currency
• E) barter

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Definitions:

Hope Diamond

A large and famous blue diamond, renowned for its size and history of bringing misfortune to its owners, now housed in the Smithsonian Institution.

Abstract

An idea or concept formed by mentally isolating particular qualities; pertaining to theoretical considerations rather than practical.

Beverage

A beverage is any type of drinkable liquid.

Liquid

A state of matter characterized by a fixed volume but no fixed shape, with molecules that are closely packed but can move past each other.