An agreement by one nation to buy a product from another subject to the purchase of some or all of the components and raw materials from the buyer of the finished product, or the assembly of such product in the buyer nation. It was first said that counter trading was something that just no other countries would be interested in getting into...
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Nobody thought that one country would have enough of anything to trade straight up with another country, without one of them feeling like they maybe got ripped off. All of this has changed recently though because as early as 1972, there were more than 15 different countries that were conducting counter trading techniques...
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