Question

in a complicated negotiated, minmetals in china agreed to purchase at least 24,000 tons of copper cathode for $35 million from pasar in the philippines. according to the terms of the sale, pasar will provide at least $12 million worth of coal to a chinese power company that will provide the electricity needed to operate minmetals. this is an example of a(n): joint venture countertrade contra - deal counteroffer international partnership

Explanation:

Contra - trade involves exchanging goods or services directly for other goods or services instead of using money. Here, Minmetals in China and Pasar in the Philippines are exchanging goods (copper cathode and coal) and services (electricity) as part of their agreement, which is characteristic of contra - trade.

Answer:

C. countertrade