Definitions
from The American Heritage® Dictionary of the English Language, 5th Edition.
- noun 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.
- noun international trade Exchange of goods or services that are paid for, in whole or part, with other goods or services.
Etymologies
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Examples
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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 James E. Austin 2000
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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 James E. Austin 2000
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He thought of the idea of countertrade (off-sets or industrial participation.
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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 Daniel Yergin 2008
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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 Daniel Yergin 2008
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Fakie also expressed concern that the countertrade aspect of the deal might be undermined by inadequate guarantees.
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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.
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In most cases, countertrade contracts were negotiated without direct reference to the countertrade deal.
Strategic Management in Developing Countries Case Studies James E. Austin 2000
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The purchase contracts provide for countertrade deals and spin-offs with South African companies.
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The purchase contracts provide for countertrade deals and spin-offs with South African companies.
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