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countertrades
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Possible Dictionary Clues |
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Plural form of countertrade. |
International trade by exchange of goods rather than by currency purchase. |
Countertrades might refer to |
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Countertrade means exchanging goods or services which are paid for, in whole or part, with other goods or services, rather than with money. A monetary valuation can however be used in countertrade for accounting purposes. In dealings between sovereign states, the term bilateral trade is used. |