Companies can anticipate conducting countertrade with businesses in countries that ________.
A) experience widespread economic problems
B) command strong negotiation positions
C) have sufficient access to cash
D) weakly regulate international trade

Question

Quizplus · Accepted Answer

Countertrade is a type of international trade that involves exchanging goods or services for other goods or services instead of using currency. Companies often engage in countertrade with countries that experience widespread economic problems such as a lack of foreign currency reserves or high levels of debt. Through countertrade, companies can access markets that may be difficult to penetrate through traditional methods and help support the economy of the country they are trading with. Countries that have strong negotiation positions, sufficient access to cash, or regulate international trade effectively are less likely to engage in countertrade as a means of doing business.

Companies Can Anticipate Conducting Countertrade with Businesses in Countries That