1995 | OriginalPaper | Chapter
Countertrade: Forms and Structures
Author : Richard Willsher
Published in: Export Finance
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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Traditionally countertrade has been used to facilitate trade where conventional exchange of cash or credit for goods has proved difficult. It is in that sense the market of last resort. But as we shall see below that isn’t quite the whole story. Forms of countertrade and barter are now becoming common in wealthy western markets such as the United States and Europe.