4820countertrade - Countertrade 02/12/11 Definition

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02/12/11              Countertrade
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02/12/11 Definition Those transactions which have as a basic  characteristic a linkage, legal or otherwise,  between imports and exports of goods  and services in addition to or in the place  of financial settlements.
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02/12/11 Reasons for Countertrades. Economic Circumstances. Dispose of excess goods. Gain entry into new markets or  differentiation. Growth opportunity.
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02/12/11 Growth of Countertrade. Grown tenfold over the past 20 years. Used by firms in 100 countries. In 2000 50% of all international trade  linked to some form of countertrade. Developing countries or countries with  foreign exchange problems.
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02/12/11 Types of countertrades - Barter. Barter - Direct exchange of goods of  approximately equal value. Not used very often because difficult to find  goods of equal value. Assessing value and disposing of goods is also 
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4820countertrade - Countertrade 02/12/11 Definition

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