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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