Which statement regarding countertrade is true? a. The World ...

[haleyc112]

Which statement regarding countertrade is true?
 a. The World Trade Organization supports countertrade.
  b. The U.S. condemns all forms of government-mandated countertrade.
  c. The U.S. government only interferes in countertrade agreements that involve firms that use U.S. government financing.
  d. Developing countries with significant hard currency reserves do not require countertrade agreements.

Question 2

Innovation can be defined as:
 A) an offering that is perceived as new by consumers within a market segment and that has an effect on existing consumption patterns.
  B) the creation of value through customers' participation in new product development, among other marketing activities.
  C) the usage of technology to facilitate human togetherness, and reduce human separation.
  D) a concept that suggests that products go through an initial introductory period followed by periods of sales growth, maturity, and decline.
  E) the degree to which consumers influence each other in the diffusion of a new product.

[morganmarie791]

Answer to Question 1

C
In many developing countries, governments mandate countertrade as a form of payment for firms purchasing imported goods. The U.S. government, in line with mandates of GATT and the WTO, has a policy that opposes government-mandated countertrade, and only interferes in the case of firms that operate with U.S. government financing, or for firms with contracts with the U.S. government.

Answer to Question 2

A

[haleyc112]

Thank you

[morganmarie791]

No problemo