COUNTERTRADE
(noun, verb)Definitions
There are 2 meanings of the word
Countertrade.
Countertrade - as a noun
Exchange of goods or services that are paid for, in whole or part, with other goods or services.
Countertrade - as a verb
To engage in exchanges of this kind.
Example Sentences
"Many developing countries use countertrade as a means to overcome barriers to traditional currency-based trade."
"One common type of countertrade is known as barter, where goods are directly exchanged without any cash transaction."
"The use of countertrade can help countries to preserve foreign exchange reserves and promote domestic industries."
"Some critics argue that countertrade can lead to inefficiencies and distortions in the global trade system."
"Companies engaged in countertrade must carefully assess the value and quality of the goods or services being offered."
Word Game Points
Is COUNTERTRADE a valid Scrabble word?
Yes, countertrade is valid for both Scrabble US and EU
COUNTERTRADE has a SCRABBLE points total of 15.
Is COUNTERTRADE a valid Words With Friends word?
Yes, countertrade is valid for Words With Friends
Valid WordCOUNTERTRADE has a WORDS WITH FRIENDS points total of 18.
Is COUNTERTRADE a valid WordFeud word?
Yes, countertrade is valid for WordFeud
Valid WordCOUNTERTRADE has a WORDFEUD points total of 17.
