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Which One of the Following Is NOT a True Economic

Question 29

Multiple Choice

Which one of the following is NOT a true economic rationale for countertrade?


A) many Third World countries use countertrade to conserve what little foreign exchange they have
B) the goods taken in countertrade are usually the least difficult to market
C) countertrade enables members of cartels such as OPEC to undercut an agreed-upon price without formally doing so
D) the trade may circumvent tariffs

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