Counter trade
This query is : Resolved
Vikas Gupta
(Querist)
12 January 2011
What is Counter Trade?
Aditya Maheshwari
(Expert)
12 January 2011
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 counter trade for accounting purposes. In dealings between sovereign states, the term bilateral trade is used. OR "Any transaction involving exchange of goods or service for something of equal value."
Source : Wikipedia
Source : Wikipedia
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Manmohan ACA, CS
(Expert)
13 January 2011
simply, partly or fully barter trade
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