________ is an alternative means of structuring an international sale when conventional means of payment are difficult, costly, or nonexistent.
A) Floating exchange system
B) Countertrade
C) Letter of credit trade
D) Fixed exchange system

Question

Quizplus · Accepted Answer

Countertrade denotes a range of barter-like agreements; its principle is to trade goods and services for other goods and services when they cannot be traded for money. Countertrade is an alternative means of structuring an international sale when conventional means of payment are difficult, costly, or nonexistent.

________ Is an Alternative Means of Structuring an International Sale