Question

a range of barterlike agreements by which goods and services are traded for other goods and services when they cannot be traded for money is known as question 25 options: countervailing duty. carry trade. free trade. counter sale. countertrade.

Answer 1

Barterlike agreements in international trade, where goods and services are exchanged without money, are known as countertrade.

Step-by-step explanation:

The range of barterlike agreements by which goods and services are traded for other goods and services when they cannot be traded for money is known as countertrade. This practice is often used in international trade and can be seen as an alternative to traditional monetary transactions.

It allows countries that may face currency shortages or trade restrictions to exchange goods and services without using hard currency. Trade agreements, protectionism, and free trade all play prominent roles in the shaping of global trade policies.

Countries negotiate trade rules, including tariffs, quotas, and nontariff barriers through international bodies like the World Trade Organization (WTO), aiming to foster a balanced exchange of goods and services.