Question: An additional method used for payment in international transactions is countertrade. Countertrade occurs when a firm accepts something other than money as payment for its

An additional method used for payment in international transactions is countertrade. Countertrade occurs when a firm accepts something other than money as payment for its goods or services. The simplest form of countertrade is

_________________,

in which each party simultaneously swaps its products for the products of the other.

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