The country of ABC sells mining equipment to the country of XYZ in return for cigars.This is an example of _____.

A) countertrade
B) direct exporting
C) foreign licensing
D) international production

Countertrade

A form of international trade in which goods or services are exchanged directly for other goods or services without using a medium of exchange, such as money.

Mining Equipment

Tools, machinery, and vehicles used in the operation of extracting minerals, metals, and other valuable materials from the earth.

Direct Exporting

A method of entering a foreign market by selling products directly to customers in another country without using intermediaries.