Azerbaijan imported wheat from Romania in exchange for crude oil and Vietnam exchanged rice for Philippine fertilizer and coconuts. Both scenarios are examples of which of the following?

A) convertible trade
B) tariffs
C) quotas
D) protectionism
E) countertrade

E

Business

You might also like to view...

When a country's currency fluctuates drastically, a company with productive capacity in other locations can maintain its competitive advantage by shifting production

Indicate whether the statement is true or false

Business

If the stock market is efficient, then investors do not need to read the Wall Street Journal or research

companies before they select which stocks to buy because market prices already reflect all publicly available information. Indicate whether the statement is true or false

Business