On Countertrading: an Update and a Classification of the Barter Trade System

Authors

Arnold Reisman
Duu-Cheng Fuh
Gang Li

Document Type

Report

Publication Date

1-1-1987

Abstract

Countertrade comprises about one third of world trade and is gaining in popularity. Because of its many advantages for traders irrespective of their home country's level of economic development as summarized in [Reisman, Fuh and Li 1987] it will involve half of the world trade by year 2000 [Cooper 1984]. With an understanding of countertrade formats, advantages and disadvantages, we can more knowledgably pursue this type of trade with efficiency and effectiveness. This paper presented several taxonomical structures for countertrade aimed at providing a complete picture and hence a better understanding of countertrade potentialities.

Keywords

Operations research, Countertrade, Free trade, Barter

Publication Title

Technical Memorandums from the Department of Operations, School of Management, Case Western Reserve University

Issue

Technical memorandum no. 593

Rights

This work is in the public domain and may be freely downloaded for personal or academic use

Recommended Citation

Reisman, Arnold; Fuh, Duu-Cheng; and Li, Gang, "On Countertrading: an Update and a Classification of the Barter Trade System" (1987). Research Reports from the Department of Operations. 352.
https://commons.case.edu/wsom-ops-reports/352