Barter is viewed as the most restrictive countertrade arrangement and is primarily used for onetime-only deals in transactions with trading partners who are not creditworthy or trustworthy.
Explanation:
Barter is considered the most rigid counter trade agreement and is mainly used for once-only deals with non-credible or trustworthy business partners.
In trading, barter is an exchange system in which parties in a contract swap goods or services directly for other products or services without using an exchange channel such as currency.
An example of barter is the exchange of goods and services between individuals within a group so that money is not used. Bread in return for butter is an example of barter.
