Home » Commerce » In international trade, exchanging goods for other goods and services purchased instead of paying in…In international trade, exchanging goods for other goods and services purchased instead of paying in… In international trade, exchanging goods for other goods and services purchased instead of paying in foreign currency is known as? A. counter trade B. balance of trade C. balance of payments D. terms of trade Correct Answer: Option A Explanation Related Posts A type of credit offered by both commercial and merchant banks in Nigeria is? A shortcoming of the Second-tier Foreign Exchange Market in Nigeria is that it The economic environment of a business is concerned with? A very effective way of resisting the producer’s exploitation is to The right of an insurance company to stand in place of an insured against a… Departmentalization is an aspect of?