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Which of the Following Statements Is True of Countertrade

Question 48

Multiple Choice

Which of the following statements is true of countertrade?


A) Countertrade reduces the profitability of competing firms and is considered an unethical practice.
B) Countertrade is a conventional means to pay exporters.
C) Smaller organizations commonly use countertrade in international transactions.
D) Countertrade occurs when goods and services are traded for other goods and services.

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