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Countertrade |
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Countertrade A trade between two countries by which goods are exchanged for other goods rather than for hard currency. Notes: Sometimes both parties are happy with the goods they receive other times one country will liquidate the received asset, ultimately receiving cash in the deal. This is also referred to as "using barter to complete a trade."The former Soviet Union would often countertrade, agreeing to trade, say, Soviet oil for another country's vehicles. Countertrade See: barter How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Yet creative seller financing options, as well as the use of co-assembly, coproduction, and countertrade, to offset costs to the purchasers, has resulted in some contracts being signed. AT&T receives many offers for countertrade around the world. Regarding countertrade, see FBIS, July 2, 1985, pp. |
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Countertrade
