countertrade

listen to the pronunciation of countertrade
الإنجليزية - الإنجليزية
Exchange of goods or services that are paid for, in whole or part, with other goods or services
A type of international trade in which parties exchange goods directly rather than for money Hence a type of barter
A reciprocal trading arrangement that includes such transactions as counterpurchase, reverse contracts, buyback arrangements, clearing agreements, switch arrangements, swap schemes and barter arrangements For example, a swap scheme could involve "exchanging" Russian oil for oil from a Latin American producer so the Russian oil can be shipped to Southeast Asia, while the Latin American oil instead goes to Cuba, thus saving on transportation costs
International trade involving the direct or indirect exchange of goods for other goods instead of cash Forms include barter, compensation (buyback), and counterpurchase
As used in this publication, a generic name for a reciprocal exchange of goods and services, inclusive of licenses, technical documentation, and equipment
International reciprocity Usually dictated by the country into which a multi-national firm wants to make sales Several forms include payment by goods (barter), agreements to purchase goods whose value equals a percentage of the value of those sold, payment for technology with the output of that technology, and local content requirements In short, the requirements for reciprocal purchase activity in exchange for a sale
In addition to the types of offsets defined above, various types of commercial countertrade arrangements may be required A contract may include one or more of the following mechanisms
Any trade transaction where the seller is required to accept goods or other services from the buyer as either full or partial payment Counter trade is common in East-West trade and is increasingly being practiced worldwide Forms of countertrade include barter, buy-back, and counter-purchase
The sale of goods or services that are paid for in whole or in part by the transfer of goods or services from a foreign country (See Barter )
Where the seller of goods receives payment in other than monetary form
a system of international trade based on bartering; such transactions may or may not involve cash payments
Similar to barter, this involves the sale of goods or services that are paid for by trading goods or services from another country Unlike barter however, countertrade may also be paid only in part by this transfer merchandise
Refers to the reciprocal and compensatory trade agreements involving the purchase of goods or services by the seller from the buyer of his product, or arraignments whereby the seller assists the buyer in reducing the amount of net cost of the purchase through some form of compensatory financing
This refers to transactions involving the reciprocal sale or barter of goods of equal value
A reciprocal trading arrangement in which the seller is required to accept goods or other instruments or trade in partial or whole payment for its products Common transactions include: barter, buyback, counterpurchase, offset requirements, swap, switch; or triangular trade, evidence, or clearing accounts Refers to the reciprocal and compensatory trade agreements involving the purchase of goods or services by the seller from the buyer of his product, or arraignments whereby the seller assists the buyer in reducing the amount of net cost of the purchase through some form of compensatory financing
{i} type of international trade in which goods and services are exchanged without the use of money
The sale of goods or services that are paid for in whole or in part by the transfer of goods or services from a foreign country
The sale of goods or services paid for in whole or in part by the transfer of goods or services from a foreign country
A reciprocal trading agreement that includes a variety of transactions involving two or more parties
countertrade
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