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

1. Dictionary of Trade Policy, “Barter trade” entry (OAS)

See Also