What Is a Characteristic of Countertrade

question 78

Multiple Choice

What is a characteristic of countertrade?

• A) The governments of developing nations sometimes insist on a certain amount of countertrade.
• B) Countertrade is a means of structuring an international sale when conventional means of payment are cost-effective.
• C) Nonconvertibility is an advantage for exporters.
• D) Nonconvertibility implies that the exporter will be paid only in his or her home currency.
• E) Most exporters desire payment in a currency that is not convertible.

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Definitions:

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