Multiple Choice
Scenario: Cleanshot USA in Russia
When Cleanshot USA, a photography products company, decided to enter the international arena, it chose Russia as its main market. Although Russia has been in transition for years, Cleanshot managers believe their company has tremendous opportunities there.
-Given the lack of available hard currency,Russian businesses often use goods and services as payment for other products they buy from abroad.This practice is referred to as ________.
A) letter of credit
B) fiat money
C) barter
D) guanxi
Correct Answer:
Verified
Correct Answer:
Verified
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