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When Do Firms Engage in Countertrade

Question 148

Multiple Choice

When do firms engage in countertrade?


A) When the exporter may not be paid in his/her home currency due to nonconvertibility
B) When the exporter can convert the currency only in U.S.dollars
C) When the exporter is dealing with a country that has huge foreign reserves
D) When the exporter has easy access to export credit to fund its international trade

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