Which of the Following Is a Major Drawback of Engaging

question 104

Multiple Choice

Which of the following is a major drawback of engaging in countertrade?

• A) Countertrade is not useful when trading with developing nations.
• B) Financing is difficult when engaging in a countertrade.
• C) It is not attractive to small organizations.
• D) Countertrade may involve the exchange of unusable goods.

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Definitions:

Subjective Criteria

Standards or principles based on personal feelings, tastes, or opinions rather than objective measures.

BATNA

Stands for Best Alternative To a Negotiated Agreement, the course of action that will be taken by a party engaged in negotiation if the current negotiations fail and an agreement cannot be reached.

Negotiating Party

A negotiating party refers to an individual or group involved in discussions aimed at reaching an agreement or compromise on specific matters.

Written Agreement

A formal document in which the parties involved agree to certain terms and conditions that are put in writing.