Countertrade emerged in the 1960s as a way for the ________ to purchase imports.
A) United States
B) European Union
C) ASEAN countries
D) Soviet Union and the then-communist states of Eastern Europe

Question

Quizplus · Accepted Answer

Countertrade emerged in the 1960s as a way for the Soviet Union and the then-communist states of Eastern Europe, whose currencies were generally nonconvertible, to purchase imports.

Countertrade Emerged in the 1960s as a Way for the ________