Which of the following countries is involved in countertrade?

A. An Asian country that imports cotton from an African country and resells it to other countries
B. A North American country that experiences more cash outflow than inflow
C. An Asian country that provides sugarcane to an African country in exchange for jute
D. A European country whose total value of exports is higher than its imports


Answer: C

Business

You might also like to view...

The two types of affective message strategies are:

A) emotional and hyperbole B) resonance and emotional C) preemptive and unique selling proposition D) affective and conative

Business

Although I am not a cat lover, I tried to be ______ for Marian who had just lost her 16-year-old cat

A) sympathetic B) empathetic

Business

Which of the following statements about the reliability of job analysis is true?

A. It is a measure of the practicality of the information collected. B. It is a sufficient condition for validity. C. It is a necessary condition for validity. D. It examines the convergence of results among sources of data and methods.

Business

What type of game attempts to depict real world situations as accurately as possible?

a. Simulation games. b. Action games. c. Role-playing games. d. Strategy games. e. None of these.

Business