Before the fall of communism in Eastern Europe and before German reunification, Volkswagen sold 10,000 cars to East Germany and agreed to purchase, over a period of two years, goods for the value of the automobiles, from a list of goods provided by the East German government. What type of countertrade does this example describe?

Question

Quizplus · Accepted Answer

This is an example of counterpurchase, which involves two exchanges that are paid for in cash, and two parallel contracts.

Before the Fall of Communism in Eastern Europe and Before