________ is a countertrade whereby one company sells to another its obligation to make a purchase in a given country.
A) Franchising
B) Joint venture
C) Switch trading
D) Barter

Question

Quizplus · Accepted Answer

Switch trading is a type of countertrade where one company sells to another its obligation to make a purchase in a given country. This allows the purchasing company to acquire goods or services without having to use traditional currency.

________ Is a Countertrade Whereby One Company Sells to Another