There are several types of countertrade transactions

Question

Quizplus · Accepted Answer

Countertrade transactions involve reciprocal promises between buyer and seller, but the specifics of the trade differ depending on the type of countertrade. In each type of countertrade, the seller provides goods or services to the buyer in return for a promise from the buyer to purchase goods or services from the seller. This reciprocal promise can be fulfilled in a variety of ways, including through barter, offset, buyback, or counterpurchase. However, all types of countertrade involve the exchange of goods or services, and money may or may not be involved in the transaction. Therefore, option B is the best choice as it accurately describes the overall nature of countertrade transactions.

There Are Several Types of Countertrade Transactions