Countertrade is an international barter transaction in which
A) goods and services are exchanged for different goods and services.
B) one company sells goods and services under the counter.
C) the buyers and sellers trade illegally.
D) one company manufactures and the other company owns the assets.
E) none of these answer choices are correct.

Question

Quizplus · Accepted Answer

Countertrade involves the exchange of goods and services for different goods and services, rather than for cash. This can be done for a variety of reasons, such as to bypass currency restrictions or to balance trade deficits.

Countertrade Is an International Barter Transaction in Which