Countertrade is a different way of selling goods abroad A number of countries nowadays do not have the cash or credit facilities to pay for imports and so, for those wishing to supply goods to such countries, countertrade has become the only means of arranging deals Required i)Describe five forms of countertrade and explain how these work in international trade.

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Below are the five forms of countertrade and how they work in international trade 1 Offset trade Thi... View the full answer