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Preferred term

countertrade  

Definition

  • Countertrade is a system of trading that was developed to enable governments to minimize the economic imbalance of international transactions. Countertrade is not barter trade, although barter may provide an element of countertrade. [Source: Encyclopedia of Business in Today's World; Countertrade]

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URI

https://concepts.sagepub.com/social-science/concept/countertrade

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