Which of these is NOT a type of countertrade?
A) Offset
B) Buyback
C) Switch trading
D) Open account

Question

Quizplus · Accepted Answer

Open account is not a type of countertrade. It refers to a trade transaction where a buyer makes a purchase from a seller and agrees to pay the seller at a later date, typically with credit terms established between the two parties. This is not a form of countertrade that involves the exchange of goods or other forms of compensation. Offset, buyback, and switch trading are all types of countertrade that involve trade of goods or other forms of compensation as part of the transaction.

Which of These Is NOT a Type of Countertrade