Non-convertibility of currency implies that the exporter may not be paid in his or her home currency,and few exporters would desire payment in a currency that is not convertible.One solution to overcome this problem is to:
A)cross-cultural trade.
B)countenance offset trade.
C)currency hedge.
D)countertrade.

Question

Quizplus · Accepted Answer

Countertrade is a solution where goods and services are exchanged instead of using a non-convertible currency, allowing trade to continue despite currency issues.

Non-Convertibility of Currency Implies That the Exporter May Not Be