Which of the following statements is a characteristic of countertrade?
A. It refers to a form of trade in which all or part of the payment for goods or services is in the form of other goods or services.
B. It refers to the sale of an exported product at a price lower than that charged for the same or a like product in the "home" market of the exporter.
C. It refers to the active ownership of a foreign company or of overseas manufacturing or marketing facilities.
D. It refers to a system in which prices of different currencies move up and down based on the demand for and the supply of each currency.
Answer: A
You might also like to view...
Realized capital gains are
A. increases in the value of a firm that occur because a firm has retained earnings that are exempt from corporate profits taxes. B. capital gains that are owned by foreigners. C. capital gains that an investor receives from actually selling stock. D. capital gains that have been accrued but not yet received because the stock has not been sold.
Targeting the 300 million farmers in India who still use plows harnessed to oxen, John Deere engineers created a line of relatively inexpensive, no-frills tractors
The Deere team then realized that the same equipment could be marketed to hobby farmers and acreage owners in the United States, a segment that they had previously overlooked. This is an example of ________ strategy. A) product-communications extension B) product extension-communications adaptation C) product adaptation-communications extension D) dual adaptation E) product invention
Which qualitative characteristic is an ingredient of relevance?
A) understandability B) materiality C) neutrality D) representational faithfulness
A transfer price can be based on a market price for products that has been reduced in the process of bargaining by division managers
Indicate whether the statement is true or false