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Countertrade
(redirected from Counter trade)

   Also found in: Wikipedia 0.01 sec.
Countertrade
See: barter

Countertrade
The exchange of goods and services for other goods and services. Countertrade is relatively common in trade with or between cash-poor countries. Most economists estimate that countertrade accounts for between 20% and 25% of global trade volume. See also: Buyback, Switch trading, and Counter purchase.


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For those of you that do not understand how Counter trade works, we suggest you go to http://www.
Optimum Source International is engaged in the $65 billion barter and international counter trade industry.
 
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