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Countertrade's impact on the supply function.

International Journal of Purchasing and Materials Management

| September 22, 1996 | Forker, Laura B. | COPYRIGHT 1996 National Association of Purchasing Management, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

COUNTERTRADE IN PERSPECTIVE

Countertrade, a trade-balancing method whereby goods or services are exchanged for other goods or services in full or partial payment for a sales transaction, has long been an interest of business executives and researchers. Countertrade enables firms to sell products in markets where other forms of payment may be difficult or precluded. While U.S. businesses have traditionally turned away from countertrade demands and insisted on compensation in the form of cash, letters of credit, or borrowed funds from private or public sources, many firms have found that to compete in the global marketplace and to enter new markets, countertrade must ...

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