Barter Trade
Barter trade in Global Commerce Policy
In this regard, barter trade is: an exchange of actual goods or services estimated to have the same value. The entries on trade policy are here. Each party ™s contribution may be valued for accounting purposes in terms of a third-country currency, but the principal trait of barter trade is that no money changes hand between the parties to the transaction. See also compensation trade and countertrade.[1]
Barter tradein the wold Encyclopedia
For an introductory overview on international trade policy, see this entry.
Resources
Notes and References
- Dictionary of Trade Policy, “Barter trade” entry (OAS)
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