Author Question: Countertrade has been traditionally associated with companies from countries in the former Soviet ... (Read 48 times)

WhattoUnderstand · **on:** Jun 29, 2018

Countertrade has been traditionally associated with companies from countries in the former Soviet Bloc.

Indicate whether the statement is true or false

Question 2

The Red Boulevard neighborhood used to be restricted to families of old wealth and aristocracy. Of late, families of low economic backgrounds are moving in and mingling with the current residents. Even the local country club has relaxed its membership rules to admit members from a wider range of backgrounds. The given scenario is an example of:
A) social breakdown.
B) social class manifestation.
C) status float.
D) social class fragmentation.
E) class float.

tuate · **Reply #1 on:** Jun 29, 2018

Answer to Question 1

T
Countertrade involves selling a product to a buyer and agreeing to accept, in return for payment, products from the buyer's firm or from the trade agency/institution of the buyer. Countertrade has been traditionally associated with companies from countries in the former Soviet Bloc and from other countries with a tightly controlled soft currency.

Answer to Question 2

D