Countertrade refers to any transaction in which payment is made partially or fully with goods instead of money.

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Countertrade is a type of transaction where payment is made partially or fully with goods or services rather than with money. This may include bartering, offset arrangements, or other forms of trade where goods or services are exchanged instead of currency. Countertrade is often used in international business transactions, particularly in cases where one or both parties may not have access to sufficient currency or where there may be restrictions on the use of foreign currency.

Countertrade Refers to Any Transaction in Which Payment Is Made