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Updated: 22 Jul 2024

Counter Trade Agreement

[koun-ter] [treyd] [uh-gree-muh nt]

An international trade arrangement with a foreign business partner. A barter system whereby the parties agree to exchange, or purchase (buy back) for resale, goods or services in exchange for another type of goods or services. Goods or services exchanged may be used in the primary product or service being sold.

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