In the late 1970s, LarceCo, a tea seller, entered the Russian marketplace. LarceCo traded tea-based products for Russian-made vodka because of the lack of a tradable currency in the Soviet Union. This is an example of _____.

Question

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LarceCo's trade of tea-based products for Russian-made vodka is an example of countertrade, which entails trading goods and services without using cash or a tradable currency.

In the Late 1970s, LarceCo, a Tea Seller, Entered the Russian