_____ is a fast-growing way to conduct global business in which all or part of the payment for goods or services is in the form of other goods and services
a. Countertrade
b. Global market standardization
c. Exporting
d. Market grouping
ANSWER: a
Global trade does not always involve cash. Countertrade is a fast-growing way to conduct global business. In countertrade, all or part of the payment for goods or services is in the form of other goods and services.
Business
You might also like to view...
Describe the target audience-centered approach to marketing management
What will be an ideal response?
Business
Clan control approach taps into the power of peer pressures and the informal social structures at work to influence behaviors
Indicate whether the statement is true or false
Business