The Use of Countertrade in International Trade

question 38

Multiple Choice

The use of countertrade in international trade

• A) allows trade with countries short of hard currency.
• B) reduces a firm's competitive advantage.
• C) increases the tax liabilities of trading firms.
• D) leads to a loss of revenue.
• E) is considered unethical.

---

Definitions:

Propanoyl Chloride

An acyl chloride compound with the formula C3H5ClO, used primarily in organic synthesis as an acylating agent.

Mechanism

The detailed step-by-step pathway through which reactants transform into products in a chemical reaction.

Ammonia

A colorless gas with a pungent smell, composed of nitrogen and hydrogen (NH3), used widely as a fertiliser and industrial feedstock.

Propanoic Acid

A short-chain fatty acid with the formula C2H5COOH, known for its unpleasant odor similar to body sweat.