Countertrade is more likely to be a condition of business in times of economic downturn.

Question

Quizplus · Accepted Answer

In times of economic downturn, companies are likely to face difficulties in obtaining traditional forms of payment and financing. Therefore, they may opt for countertrade as a means of conducting business, making trade without using cash as payment. This can help companies increase sales and maintain business relationships amid difficult economic conditions.

Countertrade Is More Likely to Be a Condition of Business