Question

44. Pick out the option that is not a countertrade theory.

a. Countertrade is positively correlated with a country’s level of exports

b. Countertrade is positively correlated with a country’s level of indebtedness

c. Countertrade is often used as a substitute for foreign direct investment

d. The stricter the level of exchange controls, the lower the level of countertrade activity

Answer 1

Answer:

a. Countertrade is positively correlated with a country level of exports.

Explanation:

I think this answer is right .