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ROE Engineering, A Chinese shipbuilding company, agrees to build a fleet of submarines for the Sri Lankan Navy, for which it will be paid in
ROE Engineering, A Chinese shipbuilding company, agrees to build a fleet of submarines for the Sri Lankan Navy, for which it will be paid in Sri Lankan currency. As per the agreement, ROC must also spend a substantial amount of the money it generates through this deal within the country. In accordance with the contract, ROC bus Sri Lankan tea at a reduced rate, This is an example of which of the following forms of countertrade?
1) offset
2) descending bid
3) barter
4) compensate deal
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