Although it is used less often today, this form of countertrade is an arrangement whereby goods are exchanged directly for other goods of approximate equal value.
A) Factoring
B) Price sensitivity
C) Stratification
D) Barter

Question

Quizplus · Accepted Answer

Barter is the direct exchange of goods or services without the use of money. In this form of countertrade, goods are exchanged directly for other goods of approximate equal value. Although it is used less often today due to the complications and inefficiencies involved, it can still be a useful trade mechanism in certain circumstances.

Although It Is Used Less Often Today, This Form of Countertrade