Exchange of goods in international market which does not involve the use of money is a

A.

barter trade

B.

entreport trade

C.

counter trade

D.

bilateral trade

Correct answer is C

Counter trade is a form of international trade in which goods or services are exchanged for other goods or services rather than the use of hard currency.

Countries that engage in countertrade have limited foreign exchange or credit facilities, and it is most common in developing countries.