Countertrade is an international barter transaction in which
A) goods and services are exchanged for different goods and services.
B) one company sells goods and services under the counter.
C) the buyers and sellers trade illegally.
D) one company manufactures and the other company owns the assets.
E) none of the above is correct.

Question

Quizplus · Accepted Answer

Countertrade is a transaction in which goods and services are exchanged for different goods and services, rather than for currency. It is a form of international trade that facilitates trade between countries that may have currency or other restrictions. Therefore, option A is the correct answer.

Countertrade Is an International Barter Transaction in Which