Which of the following 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 is a payment arrangement where a buyer pays for goods or services at a later date, typically on a net 30 or net 60 basis. Offset, buyback, and switch trading are all types of countertrade where goods or services are exchanged rather than using traditional methods of payment.

Which of the Following Is NOT a Type of Countertrade