Which of the following would encourage countertrade?

Question

Quizplus · Accepted Answer

The need to develop export markets for new products is likely to encourage countertrade, as it provides an alternative way to access foreign markets when traditional payment methods may be difficult or restricted. Countertrade can help reduce the reliance on cash payments and can be used as a means of payment for imports or as a way to offset trade deficits. Excess foreign exchange, readily available credit, a well-developed domestic economy, and a strong base of suppliers may also impact international trade, but they do not necessarily encourage countertrade specifically.

Which of the Following Would Encourage Countertrade