Question

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.

Answer

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