Multiple Choice
Identify a drawback of a countertrade agreement.
A) It fails to give firms a way to finance an export deal.
B) It requires an in-house trading department to be maintained, which can be expensive and time-consuming.
C) It is detrimental to the economy of the importing country.
D) Developing nations may have trouble raising the foreign exchange necessary to pay for imports.
E) It is not an acceptable means of trading in most developing countries.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: The most comprehensive source of information on
Q34: Issued by a bank at the request
Q38: In international trade, an exporter wants to
Q67: The direct exchange of goods and/or services
Q68: Which of the following is true of
Q83: Export management companies (EMCs)start exporting operations for
Q112: Lack of trust in international trade is
Q115: Through its _ program,the Small Business Administration
Q115: Countertrade is most likely to be used
Q120: Which of the following is a drawback