Which of the Following Is True of Countertrading

question 73

Multiple Choice

Which of the following is true of countertrading?

• A) Frequently there is inadequate time to conduct a market analysis in a countertrade negotiation.
• B) Identifying countries that have a history of countertrading is the biggest problem with countertrading.
• C) The use of countertrading to sell a product implies that the demand for the product is highly elastic.
• D) Countertrading does not benefit countries that face a shortage of hard currencies with which to trade.
• E) The U.S. dollar is the reserve currency that is used in countertrades.

Recognize the legal implications of actions taken by agents on behalf of undisclosed principals.

Understand the principle of vicarious liability in partnerships.

Comprehend the legal position of parties in transactions involving authority or lack thereof.

Identify and explain an agent's fiduciary duties and the implications of breaching these duties.

---

Definitions:

HTML 5 Validator

An online tool or software that checks HTML5 documents against the standard norms and guidelines to ensure that they are correctly structured and compliant.

Missing Attributes

Data elements or properties that are not present in a dataset or database record.

HTML 5 Standards

The fifth version of the HyperText Markup Language standards, specifying the features and behaviors of web pages and applications.

XML

Extensible Markup Language, a flexible way to create common information formats and share both the format and data on the World Wide Web, intranets, and elsewhere.