Countertrade is a resourceful way for exporters to sell their products and services to foreign companies or countries that would be unable to pay for them using Hard currency alone.

Question

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Countertrade allows countries or companies with liquidity issues or hard currency shortages to engage in international trade by exchanging goods and services directly or through various arrangements, thus bypassing the need for hard currency.

Countertrade Is a Resourceful Way for Exporters to Sell Their