GAO discussed the different aspects of countertrade in the world
trading system. GAO found that: (1) countertrade and other trading
practices are viewed as marketing tools to help gain sales; (2) the
United States generally views countertrade as contrary to open and
free trading, but does not oppose U.S. business participation in
countertrade unless the action could have a negative impact on
national security; (3) although the current pilot barter program
will barter surplus commodities for strategic and other materials
for the national stockpile, initiating discussions with foreign
governments for bartering agreements is difficult because of
interdepartmental disagreements over reimbursement and accounting
procedures; (4) although countertrade can balance exports with
imports, countries do not gain because they forego foreign exchange
earnings; and (5) while countertrade does not appear to offer many
benefits for developed countries, it is usually better to make an
export sale through countertrade than not to export at all.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
