A Range of Barterlike Agreements by Which Goods and Services

question 19

Multiple Choice

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

• A) countertrade.
• B) carry trade.
• C) free trade.
• D) counter sale.
• E) countervailing duty.

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership interest.

Limited Risk

Exposure to a relatively small possibility of loss or less severe consequences in an investment or business activity.

Assets

Resources owned by a business or individual that have economic value and can provide future benefits.

Supplies

Items used in the operation of a business or part of inventory not yet sold.