In a World Where 70 Percent of All Countries Do

Multiple Choice

In a world where 70 percent of all countries do not have convertible currencies or where government-owned enterprises lack sufficient cash or credit for imports, other means of payment are used. An estimated 15 to 20 percent of world trade involves________ , the practice of using barter rather than money for making global sales.

A) cross-cultural exchange
B) predatory pricing
C) economic adaptation
D) a countertrade