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Countertrade Cuts Cash Needs
Second of four parts Countertrade, the fastest growing segment of global commerce, includes barter, counter purchase, buy-backs and offsets. Barter is the simplest form of countertrade. Barter occurs when an exporter delivers a product or service and the importer pays with a product or service the exporter can use directly. Example: A U.S. oil company…
Clinton selling us an economic clunker
As Congress and the public look under the hood of the Clinton economic plan, they’re finding a clunker. Despite initial public optimism about the plan, the University of Michigan’s index of consumer sentiment showed increased public anxiety about the economy’s long-range prospects following the President’s speech. The Clinton Plan is a familiar tax and spend…