Which of the Following Is True of Countertrade

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 be paid only in his or her home currency.
E) Most exporters desire payment in a currency that is not convertible.