Countries might be forced to use countertrade when a currency is:
A)freely convertible.
B)externally convertible.
C)internally convertible.
D)nonconvertible.

Question

Quizplus · Accepted Answer

Countertrade is often used when a country's currency is nonconvertible. In this case, the country is unable to participate in regular international trade that involves currency exchange. Countertrade allows for goods to be exchanged for other goods, which can still enable trade to occur.

Countries Might Be Forced to Use Countertrade When a Currency