Counter Trade
Countertrade means exchanging goods or services which are paid for, in whole or part, with other goods or services, rather than with money. A monetary valuation can however be used in counter trade for accounting purposes. In dealings between sovereign states, the term bilateral trade is used. OR "Any transaction involving exchange of goods or service for something of equal value."
Read more about Counter Trade: Types of Countertrade, Necessity, Role of Countertrade in The World Market
Famous quotes containing the words counter and/or trade:
“Family traditions counter alienation and confusion. They help us define who we are; they provide something steady, reliable and safe in a confusing world.”
—Susan Lieberman (20th century)
“Unless we do more than simply learn the trade of our time, we are but apprentices, and not yet masters of the art of life.”
—Henry David Thoreau (1817–1862)