__________ is a form of exporting used to overcome local restrictions against the repatriation of capital, profits, or hard currency.

Question

Quizplus · Accepted Answer

Countertrade is a form of exporting where goods and services are exchanged instead of currency. It is often used when local restrictions prevent the repatriation of capital, profits, or hard currency. This allows companies to still conduct business in the foreign market while not violating any regulations. Franchising and direct exporting are not necessarily related to overcoming local restrictions, and direct foreign investment involves the actual investment of capital rather than the exchange of goods or services.

__________ Is a Form of Exporting Used to Overcome Local