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Question
Which of the following is a disadvantage of a countertrade agreement?
A. It does not allow firms to finance an export deal when other means are not available.
B. It is unattractive to multinational companies due to its time-consuming and expensive nature.
C. Firms prefer to be paid in hard currency.
D. It is useful only for small companies.
E. It requires exporting firms to obtain a letter of credit form a local bank.
Answer
This answer is hidden. It contains 148 characters.
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