Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

  • n. International barter in which one country agrees to import commodities from another country to which it exports commodities.

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. Exchange of goods or services that are paid for, in whole or part, with other goods or services.

Etymologies

Sorry, no etymologies found.

Examples

  • Although this sort of regulation was not very new—many countries had required these so-called countertrade obligations for specific contracts—it was relatively rare for nations to require counterpurchases for a large percentage of imports and exports.

    Strategic Management in Developing Countries Case Studies

  • He thought of the idea of countertrade (off-sets or industrial participation.

    ANC Daily News Briefing

  • Meanwhile, various of the exporters, to get around their quotas and the languishing oil trade, turned to barter and countertrade—exchanging oil directly for weapons, planes, and industrial goods—which had the effect of increasing the oversupply of petroleum on the world market.

    The Prize

  • The purchase contracts provide for countertrade deals and spin-offs with South African companies.

    ANC Daily News Briefing

  • Fakie also expressed concern that the countertrade aspect of the deal might be undermined by inadequate guarantees.

    ANC Daily News Briefing

  • Auditor-General Shauket Fakie is concerned that the countertrade aspect of South Africa's controversial R30-billion arms deal may be undermined by inadequate guarantees.

    ANC Daily News Briefing

  • In most cases, countertrade contracts were negotiated without direct reference to the countertrade deal.

    Strategic Management in Developing Countries Case Studies

  • Through the joint venture with Crédit Lyonnais, Merban was able to expand its East European countertrade operations.

    Strategic Management in Developing Countries Case Studies

  • When Control Data signed one contract to sell computer peripherals to Eastern Europe and then another to purchase ball bearings, the countertrade obligation was not mentioned in either agreement.

    Strategic Management in Developing Countries Case Studies

  • … If the government feels a project is especially important or a high priority, it can drop the countertrade requirement.

    Strategic Management in Developing Countries Case Studies

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