Abstract
Countertrade has emerged as one of the most interesting and important topics of international trade during the last decade. Estimates of global countertrade transactions as a percentage of world trade, range from one percent to 30 percent (Cohen and Truell 1982). Although accurate statistics are hard to obtain, the consensus of expert opinion puts the percentage of world trade financed through countertrade transactions at between 20–25 percent (Okoroafo, 1988).
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References
Cohen, R. and Truell, P. 1982. Wall Street Journal. 25 October, p.33.
Okoroafo, S.C. 1988. “Determinants of LDC Mandated Countertrade”. International Marketing Review. Winter; 16– 24.
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Akiş, Y.T. (2015). Countertrade Experiences of Turkish Firms in USSR Markets. In: Sirgy, M., Bahn, K., Erem, T. (eds) Proceedings of the 1993 World Marketing Congress. Developments in Marketing Science: Proceedings of the Academy of Marketing Science. Springer, Cham. https://doi.org/10.1007/978-3-319-17323-8_7
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DOI: https://doi.org/10.1007/978-3-319-17323-8_7
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