Which of the following is NOT a form of countertrade? a. Barterb. Offsetc. Counterpurchased. Kaizen blitz

Kaizen Blitz

Explanation:

Counter-trade is a fraternal method of foreign trade, through which products and services are traded not for currency but for other products or services.

Counter-trade could be divided into three main categories:

Barter Counter Purchase Offset

The Kaizen Blitz focused on project designed to improve an operation. It contains training led by analysis, layout and, alteration of a line or place of the item.

d. Kaizen blitz

Explanation:

Counter trade refers to a kind of international trade wherein goods and services are exchanged in return for goods and services instead of payment via a currency.

There are three types of countertrades namely,

Barter Offset Counterpurchase

Barter is the oldest form of trade wherein goods were exchanged for goods. Offset is a countertrade wherein transactions are set off in future or off set. In counter purchase both parties agree to purchase and sell goods to one another under different contracts.

Kaizen Blitz isn't a form of counter trade.