Countertrade is most likely to be used when:
A. the foreign currency is easily convertible.
B. the exporter has a letter of credit.
C. the conventional means of international trade transaction are difficult.
D. there is mutual trust between the exporter and the importer.
E. an export management company is used.
C
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To test the validity of the selection test for advanced widget designers, Correll-Techno Inc. administers the test to the present widget makers in the company. The test results are then compared with the employees' latest performance appraisal scores. In this instance, what type of validation does Correll-Techno implement?
A. Predictive validation B. Concurrent validation C. Content validation D. Construct validation E. Diagnostic validation
A currency swap is an agreement to convert payments in a foreign currency to payments in the domestic currency
Indicate whether the statement is true or false