In a countertrade,products of one country are exchanged for products of another instead of cash.

Name: In a countertrade,products of one country are exchanged for products of another instead of cash.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

In a countertrade, products of one country are indeed exchanged for products of another, rather than using cash as a means of payment. This may occur when traditional forms of payment, such as currency or credit, are unavailable or not accepted by one or both parties involved in the transaction.

In a Countertrade,products of One Country Are Exchanged for Products