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.
Correct Answer:

Verified
Correct Answer:
Verified
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