Question

Jerzy wants to keep his overall costs down and to enter into the international marketplace slowly and carefully. He is considering the use of countertrade, where he would send his shoes to Spain in return for high-quality Spanish cowhides.

(A) Franchising
(B) Acquisition
(C) Joint venture
(D) Exporting

Answer 1

Answer: Exporting

Explanation: Export refers the process in which good produced in one country is purchased by some another country.

In the given case, Jerzey is using the method of counter trade for the purpose of exporting. In counter trade, the two firms exchange their product on the basis of their particular needs.

Thus, from the above we can conclude that the right answer is option D.