Rather than use cash, Indonesia traded textiles with the United States in exchange for corn. This is an example of which form of countertrade?
A) switch trading
B) counterpurchase
C) buyback
D) barter
E) offset

Question

Quizplus · Accepted Answer

Barter is a direct exchange of goods or services without using money, which is what occurred in the trade between Indonesia and the United States.

Rather Than Use Cash, Indonesia Traded Textiles with the United