Countertrade can provide access to markets that are otherwise closed because of a lack of hard currency.

Question

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Countertrade is a business practice where goods or services are exchanged for other goods or services instead of using hard currency. This can be useful in accessing markets that may not have a readily available currency or have strict currency exchange regulations. Thus, it can provide access to markets that are otherwise closed because of the lack of hard currency.

Countertrade Can Provide Access to Markets That Are Otherwise Closed