Countertrade occurs when the: A. exporter may not be paid in his or h

QUESTION

Countertrade occurs when the:

A. exporter may not be paid in his or her home currency due to nonconvertibility.

B. exporter can convert the currency only in U.S. dollars.

C. exporter is dealing with a country that has huge foreign reserves.

D. exporter has easy access to export credit to fund its international trade.

E. importer defaults on payment.

 

ANSWER

A

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