_____ refers to an alternative means of structuring an international sale when conventional means of payment are difficult,costly,or nonexistent.
A) Guanxi
B) Factoring
C) Securitization
D) Countertrade
E) Sogo shosha

Question

Quizplus · Accepted Answer

Countertrade refers to the practice of exchanging goods or services for other goods or services, rather than using conventional means of payment like cash or credit. This can be a useful strategy in situations where traditional payment methods are not feasible or attractive, such as when a country has limited access to foreign currency or when there are trade barriers or political risks involved. Countertrade can take various forms, such as bartering, counter purchases, offset agreements, and buy-back contracts.

_____ Refers to an Alternative Means of Structuring an International