A form of exporting to less-developed countries is called:
A) licensing.
B) franchising.
C) greenfield venture.
D) joint venture.
E) countertrade.

Question

Quizplus · Accepted Answer

Countertrade is a form of exporting to less-developed countries where goods are exchanged for other goods rather than money. This is often done when currency or the means of payment are scarce in the importing country.

A Form of Exporting to Less-Developed Countries Is Called