The goal of countertrading is to help offset the capital drain from the foreign country's purchases.

Question

Quizplus · Accepted Answer

Countertrading refers to the practice of exchanging goods or services for other goods or services rather than using money. This is often done in countries where there are restrictions on currency conversion or limited access to foreign currency. By engaging in countertrade, a foreign country can offset the capital drain caused by their purchases from the importing country. Therefore, the statement is true.

The Goal of Countertrading Is to Help Offset the Capital