In the modern era,countertrade arose in the 1960s as a way to purchase imports for
A)the United States.
B)the Soviet Union.
C)Germany.
D)Japan.
E)Africa.

Question

Quizplus · Accepted Answer

Countertrade was initially developed as a means for the Soviet Union to circumvent Western trade barriers during the Cold War. Other countries, including China, also utilized countertrade during this time period.

In the Modern Era,countertrade Arose in the 1960s as a Way