Countertrade

Date Submitted: 09/09/2002 08:18:38
Category: / Business & Economy / Management
Length: 3 pages (801 words)
<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 …
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…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.
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