Trade
Countertrade
Form of international trade where payment is made wholly or partially with goods or services instead of money.
Form of international trade where payment is made wholly or partially with goods or services instead of money.
Countertrade includes modalities such as barter, counter-purchase, offset, buy-back, and bilateral clearing. It is used when there are currency restrictions or to facilitate trade with limited economies.
Countertrade
An international trade modality where payment for goods is made wholly or partially with other goods or services instead of currency.
TradeTrade Balance
An economic indicator measuring the difference between a country's exports and imports over a given period, reflecting its competitive position in international trade.
TradeInternational Payment Terms
Agreed conditions between buyer and seller regarding when, how, and in which currency payment will be made for a foreign trade transaction.