Scenario: Wang's Techno Toys

question 9

Multiple Choice

Scenario: Wang's Techno Toys
Ann Wang has been successfully running Wang's Techno Toys that sells high-tech toys in the domestic market. Continually increasing and stiff competition at home has now forced Wang's Techno Toys to enter international markets through direct exports.
-In some countries,people exchange electronic goods for Techno Toys instead of paying money for them.This practice is known as ________.

• A) offset
• B) counterpurchase
• C) switch trading
• D) barter

---

Definitions:

Multinational Companies

Corporations that operate in multiple countries, often having a substantial impact on local economies and global markets.

European Union

A political and economic union of 27 European countries that are committed to regional integration through common policies and shared laws.

Measurement System

A comprehensive set of instruments, standards, and rules for quantifying physical quantities or dimensions.

Leaning Tower

Referring usually to the Leaning Tower of Pisa, a famous architectural landmark in Italy known for its unintended tilt.