Countertrade occurs when the
A. exporter may not be paid in his or her home currency due to nonconvertibility.
B. exporter can convert the currency only in U.S. dollars.
C. exporter is dealing with a country that has huge foreign reserves.
D. exporter has easy access to export credit to fund its international trade.
E. importer defaults on payment.
Answer: A. exporter may not be paid in his or her home currency due to nonconvertibility