PepsiCo has been selling its drinks in Russia for years in exchange for Stolichnaya vodka.This is an example of a(n).

Name: PepsiCo has been selling its drinks in Russia for years in exchange for Stolichnaya vodka.This is an example of a(n).
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Question

Quizplus · Accepted Answer

Countertrade is a type of trade where goods and services are exchanged for other goods and services rather than for hard currency. In this case, PepsiCo exchanged its drinks for Stolichnaya vodka, which is an example of countertrade.

PepsiCo Has Been Selling Its Drinks in Russia for Years