__________ is a complicated form of barter, comprising a chain of buyers and sellers in different markets:

Question

Quizplus · Accepted Answer

Switch trading is a type of barter that involves a chain of buyers and sellers in different markets. In this process, two parties agree to purchase a product or service from each other at a predetermined price, but the payment for the transaction is made in different markets. For example, a company in the US might agree to purchase goods from a company in Europe, but instead of paying in dollars, they would pay in euros. The European company could then use those dollars to purchase goods from a company in Asia, who would then use those euros to purchase goods from the US company, completing the chain. This type of trading can be complicated and involve multiple parties, but it can also help businesses obtain goods or services they need without requiring cash payments.

__________ Is a Complicated Form of Barter, Comprising a Chain