Selling goods or services that are paid for,in whole or part,with other goods or services is called ________.
A)indirect exporting
B)countertrade
C)licensing
D)a joint venture

Question

Quizplus · Accepted Answer

Countertrade involves the exchange of goods or services for other goods or services, rather than using money as the medium of exchange. This can include bartering, offsetting, or buyback arrangements. It is often used in international trade, particularly among developing countries, to bypass limitations on currency or credit availability.

Selling Goods or Services That Are Paid For,in Whole or Part,with