All of the following are benefits of countertrade EXCEPT ________.
A)decreasing trade protectionism
B)increasing access to innovative technology
C)developing new trade relationships with foreign companies
D)preserving foreign-exchange reserves

Question

Quizplus · Accepted Answer

Countertrade does not decrease trade protectionism; rather, it is a trade mechanism used to facilitate transactions when conventional means of payment are difficult, often used in the context of high trade barriers or protectionist measures.

All of the Following Are Benefits of Countertrade EXCEPT ________