Countertrade n Countertrade A parallel transaction involving a direct linkage between imported and exported goods or services that is the most advantageous way to exchange goods rather than the use of money as an intermediary. Copyright@ 2001 by Harcourt, Inc. All rights reservedCopyright © 2001 by Harcourt, Inc. All rights reserved. 22-2 Countertrade Countertrade • A parallel transaction involving a direct linkage between imported and exported goods or services that is the most advantageous way to exchange goods rather than the use of money as an intermediary