In international trade, exchanging goods for other goods and services purchased instead of paying in foreign currency is known as? - SchoolNGR

Search SchoolNGR

In international trade, exchanging goods for other goods and services purchased instead ...

In international trade, exchanging goods for other goods and services purchased instead of paying in foreign currency is known as?

SchoolNGR Classroom

Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Counter trade
B Balance of trade
C Balance of payments
D Terms of trade

Correct Answer: Option A

Explanation:

Prev Current Next

Study Subjects

Stay Updated

Follow us on: