Countertrade
Title: Countertrade
Category: /Business & Economy/Management
Details: Words: 801 | Pages: 3 (approximately 235 words/page)
Countertrade
Category: /Business & Economy/Management
Details: Words: 801 | Pages: 3 (approximately 235 words/page)
<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.