Solved

Which of the Following Statements Is a Characteristic of Countertrade

Question 95

Multiple Choice

Which of the following statements is a characteristic of countertrade?


A) It refers to a form of trade in which all or part of the payment for goods or services is in the form of other goods or services.
B) It refers to the sale of an exported product at a price lower than that charged for the same or a like product in the "home" market of the exporter.
C) It refers to the active ownership of a foreign company or of overseas manufacturing or marketing facilities.
D) It refers to a system in which prices of different currencies move up and down based on the demand for and the supply of each currency.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents