Countertrade is ________.
A) an international business transaction where all or partial payments are made in kind rather than cash
B) the establishment of a firm's presence in a foreign market by investing capital and securing ownership of a factory, subsidiary, or other facility there
C) the procurement of products or services from independent suppliers or company-owned subsidiaries located abroad for consumption in the home country or a third country
D) the strategy of producing products or services in one country (often the producer's home country), and selling and distributing them to customers located in other countries

Question

Quizplus · Accepted Answer

Countertrade is an international business transaction where all or partial payments are made in kind rather than cash. This can involve bartering, offset agreements, or other arrangements where goods or services are exchanged for other goods or services rather than for currency.

Countertrade Is ________