Which of the following is true about the incidence of countertrade?
A)During the 1980s,countertrade sharply declined in popularity among developing nations.
B)Today,some successor states to the former Soviet Union periodically use countertrade.
C)In the modern era,countertrade arose in the 1980s.
D)In the modern era,countertrade arose as a way for the United States to purchase imports.

Question

Quizplus · Accepted Answer

Today,reflecting their own shortages of foreign exchange reserves,some successor states to the former Soviet Union and the Eastern European Communist nations periodically engage in countertrade to purchase their imports.

Which of the Following Is True About the Incidence of Countertrade