Multiple Choice
Which of the following is a drawback of countertrade?
A) It fails to give firms a way to finance an export deal.
B) It is detrimental to the economy of the importing country.
C) Developing nations may have trouble raising the foreign exchange necessary to pay for imports.
D) It requires the firm to invest in an in-house trading department dedicated to arranging and managing deals.
Correct Answer:
Verified
Correct Answer:
Verified
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Q90: The direct exchange of goods and/or services
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Q92: The person or business initiating a draft