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Countertrade
(redirected from Counter-trade)

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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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Henk (leadership, US Air War College) examines the social and political aspects of this transition, looking at the process by which political elites arrived at consensus on the new approach to security and exploring the impact of this new consensus on arms industry/government partnerships through case studies of the counter-trade protocols and the "strategic packages" of foreign arms purchases announced by the South African government in 1998.
South Africa's armaments industry; continuity and change after a ... by Reference & Research Book News
Counter-trade arrangements of one kind or another account for perhaps 25 percent to 30 percent of global trade.
A guide to export pricing by Kublin, Michael / Industrial Management
The contract enters in to force when a separate counter-trade agreement has been signed with the Polish authorities.
Polish Navy Acquires Saab RBS 15 by Business Wire
 
 
 
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