Which of the Following Is Not a Disadvantage of Countertrade

question 26

Multiple Choice

Which of the following is not a disadvantage of countertrade?

• A)Countertrade practices frequently restrict profit margins.
• B)Price setting is difficult because not all cost factors are known in advance.
• C)Prices are distorted as deliveries, which could take place over time, are made without reference to changes in technology.
• D)Countertrade makes it difficult for consumers in low-income countries to have access to soft consumer goods.

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Definitions:

Random Selection

A method of choosing individuals or items from a larger population using a process that gives each possible choice an equal chance of being selected.

Lab Rats

Commonly used term for rats that are bred and kept for scientific research.

Scientific Method

A systematic and logical approach to discovering how things in the universe work, based on observation, hypothesis, experimentation, and conclusion.

Bystander Effect

A behavior observed in social settings where the presence of other individuals decreases the likelihood of offering aid to a victim.