Countertrade provides a way for firms to trade either by using a small amount of hard currency or even none at all.

Name: Countertrade provides a way for firms to trade either by using a small amount of hard currency or even none at all.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Countertrade involves using non-monetary means of payment or exchanging goods and services instead of money, making it possible for firms to trade even without hard currency or with a small amount of it. Therefore, the statement is true.

Countertrade Provides a Way for Firms to Trade Either by Using