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countertrade
(redirected from Counter-trade)

   Also found in: Financial, Wikipedia 0.01 sec.
coun·ter·trade  (kountr-trd)
n.
International barter in which one country agrees to import commodities from another country to which it exports commodities.

counter·trader n.

countertrade [ˈkaʊntəˌtreɪd]
n
(Economics) international trade in which payment is made in goods rather than currency
vb (tr)
(Economics) to buy or sell goods by countertrade countertrading weapons for coffee beans


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Henk (leadership, US Air War College) examines the social and political aspects of this transition, looking at the process by which political elites arrived at consensus on the new approach to security and exploring the impact of this new consensus on arms industry/government partnerships through case studies of the counter-trade protocols and the "strategic packages" of foreign arms purchases announced by the South African government in 1998.
Counter-trade arrangements of one kind or another account for perhaps 25 percent to 30 percent of global trade.
The contract enters in to force when a separate counter-trade agreement has been signed with the Polish authorities.
 
 
 
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