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Question
Countertrade is most likely to be used when:A.the foreign currency is easily convertible.
B.the exporter has a letter of credit.
C.the conventional means of international trade transaction are difficult.
D.there is mutual trust between the exporter and the importer.
E.an export management company is used.
Answer
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A.E$/ = (1 + P)/P$
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Q:
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A.Elastic
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Which of the following is true of the barriers to international communication?
A.Noise tends to increase the probability of effective communication.
B.Source effects can be beneficial for an international business when potential consumers in a target country have a bias against foreign firms.
C.Many international businesses try to promote positive source effects by deemphasizing their foreign origins.
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According to research, when do consumers usually use the country of origin as a cue when evaluating a product?
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B.When consumers lack detailed knowledge of a product
C.When an advertising campaign stresses the positive performance attributes of a product
D.When a limited number of messages compete with each other for consumers' attention
E.When a firm resorts to personal selling instead of mass media advertising