[국제경제] GE의 연계무역(Counter-trade) 사례 연구(영문)
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분야
docx2. What is Counter-Trade?
3. Why does the company do Counter-Trade?
4. Types of Counter-Trade
5. Case Study
6. Discussion
As is well known that GE Edison founded the company from a small electrical current that advanced technology and services, and capital on the basis of the world 's energy, environment, health, water, etc. to solve the challenges our leadership is a global company. Most of all, GE has a long history of counter trade, using commodities in return for payment and also a special department for it.
2. What is Counter-Trade?
Countertrade, which is one of the oldest forms of trade, means exchanging goods or services which are paid for, in whole or part, with other goods or services, rather than with money. In short, a goods-for-goods deal is counter trade. Unlike monetary trade, suppliers are required to take customer’s products for their use or for resale. In most cases, there are multiple deals that are separate yet related, and a contract links these separable transactions. Counter trade may involve several products, and such products may move at different points in time while involving several countries. Monetary payments’ may or may not be part of the deal.
