Rhodia sells mining equipment to Reherbia in return for cigars.This is an example of _____.
A)countertrade
B)direct exporting
C)foreign licensing
D)international production

Question

Quizplus · Accepted Answer

This is an example of countertrade, which involves the direct exchange of goods or services without using currency. In this case, Rhodia is exchanging their mining equipment for cigars from Reherbia.

Rhodia Sells Mining Equipment to Reherbia in Return for Cigars