Ultimately, countertrade is an inefficient way of doing business because it ________.
A)encourages buyers and sellers to use customs brokers to handle exchanges
B)requires buyers and sellers to negotiate a fair value on the exchange
C)reduces the risk that the goods sent as payment are of poor quality
D)eliminates the potential for price and financial distortion

Question

Quizplus · Accepted Answer

Countertrade, which involves bartering goods and services rather than using currency, can be inefficient because it requires both parties to negotiate and agree on the value of the goods or services being exchanged. This process can be complex and time-consuming compared to transactions involving currency.

Ultimately, Countertrade Is an Inefficient Way of Doing Business Because