International Trade, Part III: Countertrade
In this 3rd part of our series on finance in international trade, we’re touching briefly on countertrade, or the trade arrangement in which groups circumvent strict foreign exchange controls and/or low creditworthiness by the practice of countertrade. In brief definition, countertrade is the arrangement in which services and/or goods are exported by a manufacturer with … More International Trade, Part III: Countertrade