Countertrade
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ESSAY DETAILS
Words: 801
Pages: 3
(approximately 235 words/page)
Pages: 3
(approximately 235 words/page)
Essay Database > Business & Economy > Management
<Tab/><Tab/><Tab/><Tab/><Tab/>Countertrade
<Tab/>Countertrade is an umbrella term covering a wide range of commercial mechanisms for reciprocal trade. Barter is probably the oldest and best known example, however others, such as offset, buyback, tolling and switch-trading, have also evolved to meet the requirements of a more sophisticated
showed first 75 words of 801 total
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showed first 75 words of 801 total
showed last 75 words of 801 total
Tab/>So countertrade is an umbrella term for all types of reciprocal dealings and linked transactions. What then are the objectives? The better-know objective is to provide solutions, complimenting conventional methods, which are inappropriate or unavailable. Less known - and possibly more important in both good or bad times alike but more so the latter - is the objective to create opportunities to multiply, direct or bring additional benefits from one originating transaction.
Tab/>So countertrade is an umbrella term for all types of reciprocal dealings and linked transactions. What then are the objectives? The better-know objective is to provide solutions, complimenting conventional methods, which are inappropriate or unavailable. Less known - and possibly more important in both good or bad times alike but more so the latter - is the objective to create opportunities to multiply, direct or bring additional benefits from one originating transaction.