Switch trading 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
Correct Answer:
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