Correct Answer: Bilateral trade

Solution : The Correct Answer is Bilateral trade

Bilateral trade is the transfer of goods between two nations in an effort to expand investment and trade. Bilateral trade agreements between the United States and Brazil, the European Union and Japan, and Morocco are all successful examples. Bilateral trade or clearing trade is the term used to describe trade that takes place only between two states. This type of trade includes barter exchanges between governments that are based on bilateral agreements rather than using hard currency.