When international firms engage in countertrade, they receive payment for the products or services they sell into a country in the form of hard currency.

Name: When international firms engage in countertrade, they receive payment for the products or services they sell into a country in the form of hard currency.
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Question

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When international firms engage in countertrade, they may receive payment in various forms such as goods, services or other currency, but not necessarily hard currency.

When International Firms Engage in Countertrade, They Receive Payment for the Products