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Forms of countertrade are also a way into new markets for parties willing to use it. Overall, countertrade is a very useful tool that is not taken advantage of as much as it should be.
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Countertrade is a resourceful way to arrange for the sale of a product from an exporter to a company in a country that does not have the resources to pay for it in hard currency. Forms of countertrade range from simple barter, which is a direct exchange of goods or services of approximately equal value, to buybacks, where the exporter takes back output from the equipment he exported...
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Countertrade
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