Trading firms are practicing ________ when they work out elaborate deals in which they trade or barter their products with each other or even supply goods in return for tax breaks from the local government.

Question

Quizplus · Accepted Answer

The practice described in the question is known as countertrade. Countertrade involves the exchange of goods or services instead of using money. This can be especially useful for businesses operating in countries with limitations on currency exchange or trade regulations.

Trading Firms Are Practicing ________ When They Work Out Elaborate