To cater to the growing demand for luxury cars, Terabithia Republic agreed to buy 5,000 cars from MotoSporto Inc. in exchange for 5,000 gallons of oil. Due to a lack of trust, Terabithia decided to make it a one-time-only deal. Which of the following forms of countertrade is the country most likely to use?

Question

Quizplus · Accepted Answer

Barter is the direct exchange of goods and/or services between two parties without a cash transaction. It is primarily used for one-time-only deals in transactions with trading partners who are not creditworthy or trustworthy.

To Cater to the Growing Demand for Luxury Cars, Terabithia