practice of using barter rather than money for making global sales is referred to as
A) trade balancing.
B) tariffs.
C) the trade feedback effect.
D) countertrade.
E) currency forbearance.

Question

Quizplus · Accepted Answer

The practice of using barter rather than money for making global sales is known as countertrade. This can be an attractive option for countries or businesses that have limited access to currencies or want to bypass currency exchange regulations. Countertrade can come in various forms, such as offset trading, where a seller agrees to purchase goods or services from the buyer's country, or barter, where goods and services are exchanged directly.

Practice of Using Barter Rather Than Money for Making Global