Counterpurchase

Noun

Word Frequency: 0.0

Definitions

1.NounA form of countertrade in which an exporter purchases goods from another country in exchange for that country purchasing goods from the exporter.

2.VerbTo engage in such a purchase.

Synonyms

switch trading countertrade offset contra compensation trade trade purchasing power parity terms of trade part exchange trade surplus currency intervention offer curve

Rhymes With

counter purchase

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