________ refers to any one of several different arrangements that business parties negotiate so that they can trade goods for good,primarily with countries that have limited amounts of foreign exchange.
A) Factoring
B) Offset
C) Countertrade
D) Barter

Question

Quizplus · Accepted Answer

Countertrade refers to a type of trade where two parties exchange goods or services without any cash payment. Countertrade is used primarily by countries that have limited foreign exchange reserves. It includes several different arrangements such as barter, offset, exchange of goods, and other non-monetary transactions.

________ Refers to Any One of Several Different Arrangements That