Which of the Following Is an Advantage of Countertrade Agreements

question 95

Multiple Choice

Which of the following is an advantage of countertrade agreements?

• A)Countertrade practices encourage economic efficiency.
• B)Countertrade allows firms from industrialized countries to sell products in markets that would otherwise be inaccessible.
• C)Countertrade agreements often speed up the negotiation process.
• D)All of the above are countertrade advantages.

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Definitions:

Accommodation

An adaptation or adjustment made to suit a new condition or environment; in social relations, the process of adapting or adjusting one's behavior to reduce conflict.

Conflict Management Strategy

Methods or approaches used to handle disputes or disagreements in a constructive manner.

Hard Sell

A forceful, aggressive marketing or sales strategy aiming to persuade customers to purchase a product or service.

Domination

The exercise of power or influence over others to control their actions or decisions.