Which of the Following Is a Drawback of a Countertrade

question 52

Multiple Choice

Which of the following is a drawback of a countertrade agreement?

• A)It fails to give firms a way to finance an export deal.
• B)It requires an in-house trading department to be maintained,which can be expensive and time-consuming.
• C)It is detrimental to the economy of the importing country.
• D)Developing nations may have trouble raising the foreign exchange necessary to pay for imports.
• E)It is not an acceptable means of trading in most developing countries.

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Definitions:

Violations of the Law

Actions or conduct that breach the rules or statutes prescribed by legal authority.

Ethical Standards

Principles that govern the behavior of individuals and organizations, guiding them towards choosing what is right and beneficial for all stakeholders.

Misconduct

Improper or unlawful behavior by an individual, often violating the rules or standards of a profession or organization.

Hydrothermal Rock

A rock that precipitated directly from hot water, either at depth or on the surface.