par Nagels, Jacques
Référence Mircen Journal of Applied Microbiology and Biotechnology, 4, 1, page (25-28)
Publication Publié, 1988-03
Article révisé par les pairs
Résumé : Counter-trade (CT) makes trade possible where and when prevailing conditions are such that the purchase and sale of goods and/or services is not possible. It regulates the international trade. It gives certain countries the opportunity to base themselves on the experience of Western companies to open up new channels for trade. It helps the further elaboration of the international labour division in the micro-economic field. Finally it permits the overstepping of bilateralism through monetarized barter techniques. The four basic CT techiques are: (1) the monetarized barter; (2) the compensation that implies only one contract between the Western seller and the purchaser simultaneously selling compensated goods; (3) the counter-purchases that imply two juridically separated contracts so as to comply with the requirements of the insurance-credit institutions; and (4) the linked deals often using the escrow-account, where people buy first in order to sell later. © 1988 Oxford University Press.