Barter is ________.
A) countertrade whereby one company sells to another its obligation to make a purchase in a given country
B) an agreement that a company will offset a hard-currency sale to a nation by making a hard-currency purchase of an unspecified product from that nation in the future
C) the sale of goods or services to a country by a company that promises to make a future purchase of a specific product from that country
D) the exchange of goods or services directly for other goods or services without the use of money

Question

Quizplus · Accepted Answer

Barter is the exchange of goods or services directly for other goods or services without the use of money. Choices A, B, and C refer to different types of countertrade, which involve more complex arrangements beyond simple bartering.

Barter Is ________