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Which of the Following Is True of Countertrade

Question 58

Multiple Choice

Which of the following is true of countertrade?


A) The governments of developing nations sometimes insist on a certain amount of countertrade.
B) Countertrade is a means of structuring an international sale when conventional means of payment are cost-effective.
C) Nonconvertibility is an advantage for exporters.
D) Nonconvertibility implies that the exporter will only be paid in his or her home currency.
E) Most exporters desire payment in a currency that is not convertible.

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