Of the following,which is NOT true of countertrade?
A)It is an ineffective way to gain entry into new markets.
B)It is encouraged by stability and economic progress.
C)It provides stability for long-term sales.
D)It is highly sought after in large markets such as China.
E)Uncompetitive goods may be traded.

Question

Quizplus · Accepted Answer

Countertrade can be an effective way to gain entry into new markets. It is sometimes necessary in markets where traditional payment methods are not readily available or accepted. The other options are true of countertrade: it can be encouraged by stability and economic progress, provides stability for long-term sales, is highly sought after in large markets such as China, and uncompetitive goods may be traded.

Of the Following,which Is NOT True of Countertrade