Countertrade: Difference between revisions
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''International trade''. | ''International trade''. | ||
An arrangement whereby export sales to a less developed overseas market are made conditional on accepting imports of comparable value from the same overseas market. | An arrangement whereby export sales to a less developed overseas market are made conditional on accepting imports of comparable value from the same overseas market. | ||
The simplest form of countertrade arrangement is barter. | The simplest form of countertrade arrangement is barter. | ||
== See also == | == See also == | ||
* [[Trade]] | * [[Trade]] | ||
Revision as of 11:55, 5 August 2013
International trade.
An arrangement whereby export sales to a less developed overseas market are made conditional on accepting imports of comparable value from the same overseas market.
The simplest form of countertrade arrangement is barter.
