Volvo of North America delivered automobiles to the Siberian police force when Siberia had no cash to pay for them.It accepted payment in oil,which it then sold for cash to pay for media advertising.This international exchange is an example of:

Question

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This transaction is an example of countertrade, which involves the exchange of goods or services for other goods or services instead of using cash or currency. In this case, Volvo accepted payment in the form of oil, which it then sold for cash to pay for media advertising. This type of transaction is commonly used in international trade when there are challenges with foreign currency or payment options.

Volvo of North America Delivered Automobiles to the Siberian Police