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While
the concept and procedures of International Barter, Counter-trade
and Offset trade may be simple and straightforward, its
implementation is not.
This
is why small,
medium Firm’s, Corporations, Government's, and States, use this type of trade
as a technique to promote exports and increase investmen and particularly reluctant to engage in this trade. Since
Counter-trade, Barter, and Offset are reality in international business, most
partakers must be proactive and well - positioned to seek out and
take opportunities in this trade.
We
ask two basic questions: How can the owner-entrepreneur manage and
profit from this trade? What are the factors that influence
successful implementation of Barter, Counter-trade and Offset deals?
To address these questions, we need understanding as well as in
developing a positive attitude towards this trade.
Figure
1 below outlines the inter-relationships between the various forms
of Counter-trade transactions.
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