Multiple Choice
Which of the following statements is true of countertrade?
A) Countertrade is practiced by countries when there is a lack of hard currency.
B) Countertrade involves products whose prices on world markets tend to remain steady.
C) Countertrade usually involves industrial products and computer softwares.
D) Hedging risk in countertrade is prohibited.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: Which of the following refers to the
Q19: Advance payment is the most favorable method
Q20: Which of the following types of joint
Q21: A confirmed letter of credit is guaranteed
Q22: Buyback is defined as _.<br>A) the export
Q24: Explain why companies consider exporting.Describe the four-step
Q25: Which of the following is a contractual
Q26: A _ is a separate company created
Q27: A(n)_ is guaranteed by both the exporter's
Q28: Advance payment made by an importer to