International Business

Which of the following is true of countertrade? Multiple Choice Most exporters desire payment in a currency that is not convertible Nonconvertibility is an advantage for exporters. The governments of developing nations sometimes insist on a certain amount of countertrade Nonconvertibility implies that the exporter will be paid only in his or her home currency Countertrade is a means of structuring an international sale when conventional means of payment are cost-effective