Countertrade refers to a range of barter-like agreements by which goods and services can be traded for other goods and services.

Question

Quizplus · Accepted Answer

Countertrade is a type of trade in which goods and services are exchanged for other goods and services, rather than using money as the medium of exchange. It includes various forms such as offset agreements, barter trade, counterpurchase, buyback, among others.

Countertrade Refers to a Range of Barter-Like Agreements by Which