Sellers might accept a(n) ________, one whose removal from the country is restricted by the buyer's government, if they can buy other goods in that country that they need themselves or can sell elsewhere for a needed currency.
A) blocked currency
B) countervailing duty
C) custom duty
D) anti-dumping duty
E) tariff

Question

Quizplus · Accepted Answer

A blocked currency is a currency that is restricted by the government of the buyer's country from being exchanged for other currencies or used for international transactions. Sellers might accept a blocked currency if they can use it to buy goods they need in the buyer's country or if they can sell it to someone else who needs it. This would be beneficial if the restricted currency is more valuable than the seller's own currency.

Sellers Might Accept A(n) ________, One Whose Removal from the Country