Which of the Following Is a Drawback of Countertrade

question 87

Multiple Choice

Which of the following is a drawback of countertrade?

• A)It fails to give firms a way to finance an export deal.
• B)It is detrimental to the economy of the importing country.
• C)Developing nations may have trouble raising the foreign exchange necessary to pay for imports.
• D)It requires the firm to invest in an in-house trading department dedicated to arranging and managing deals.

Distinguish between necessary and non-necessary items in contracts involving minors.

Analyze the effects of intoxication on a person's ability to enter into a contract.

Understand the process and significance of disaffirmance in contract law.

Identify the legal outcomes and responsibilities following the disaffirmance of a contract.

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Definitions:

Wages Paid

The amount of money that is given to employees as compensation for their labor or services performed during a specific period.

Production Technology

Refers to the methods, equipment, and processes used to produce goods and services efficiently.

Flat-Panel Televisions

Modern thin televisions that utilize LCD, LED, or Plasma technology for display, offering clearer pictures and space-saving advantages.

Technology Associated

Refers to the tools, machinery, and systems used to enhance production, efficiency, and innovation in various fields.