Which of the following is a form of trading arrangement in which part or all of the payment for purchased goods or services is in the form of other goods and services?
A) a countertrade
B) a counteroffer
C) a nonfinancial exchange
D) a counteraction

Question

Quizplus · Accepted Answer

A countertrade is a form of trading arrangement in which part or all of the payment for purchased goods or services is in the form of other goods and services. This can include bartering, offset agreements, and other non-cash forms of payment. Counteroffers and counteractions are not related to this type of trading arrangement, and a nonfinancial exchange may involve the transfer of goods or services but not necessarily as a form of payment.

Which of the Following Is a Form of Trading Arrangement