The 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 called countertrade. In countertrade, goods and services are exchanged instead of cash. This can be a useful method for companies that have difficulty obtaining foreign currency or for those operating in countries with unstable currencies or strict foreign exchange regulations.

The Practice of Using Barter Rather Than Money for Making