Which of the Following Is an Advantage of Countertrade

question 96

Multiple Choice

Which of the following is an advantage of countertrade?

• A) Countertrade uses instruments such as time draft and sight draft.
• B) It is an effective way of doing business with developing nations.
• C) It provides exporters and opportunity to obtain direct revenue.
• D) Countertrade prevents exchange of unusable or poor-quality goods.

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Definitions:

Developing Countries

Nations with low to moderate industrialization and lower living standards, often marked by lower levels of income, education, and health care.

Developmental Disabilities

A diverse group of chronic conditions that are due to mental or physical impairments that arise before adulthood.

Caffeine

A stimulant commonly found in coffee, tea, and other beverages, known to affect central nervous system activity.

Tobacco

A plant whose leaves are harvested and processed for smoking, chewing, or snuffing, containing the addictive substance nicotine.