countertrade

countertrade. A type of international trade in which purchases made by an importing nation are linked to off-setting purchases made by the exporting nation.

“Countertrade is barter in modern clothes. It developed rapidly as a form of doing business with the USSR and Eastern European nations in the 1970s and 1980s, before the major economic and political reforms tended to diminish its emphasis as a means of doing business.” Ralph H. Folsom & Michael W. Gordon, International Business Transactions § 2.1, at 46 (1995).

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词条贡献者

译者Peter，毕业于亚洲顶尖的高级翻译学院，擅长翻译各种与复杂金融产品相关的法律文件。