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Essay

Countertrade

Essay specific features

 

Issue:

Business

 

Written by:

Charles V

 

Date added:

October 23, 2010

 

Level:

University

 

Grade:

B

 

No of pages / words:

4 / 983

 

Was viewed:

4759 times

 

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Essay content:

This is also referred to as "using barter to complete a trade." (www.investopedia.com, 2004) An example of countertrade is, the former Soviet Union would often countertrade, agreeing to trade, say, Soviet oil for another country's vehicles. After researching this subject, I have learned that countertrade is an umbrella term covering a wide range of commercial mechanisms for reciprocal trade...
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Reciprocal trading (two-sided trading, trade in return) occurs when the trade customers is also a supplier. The reciprocal trading arrangements may or may not be formally linked. In practice, reciprocal trade may strengthen an existing trading relationship, and may even create mutual dependencies, which may create new trade relationship...
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General issues of this essay:
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