Aussieboggie From Australia, joined Sep 2000, 92 posts, RR: 1
Reply 1, posted (11 years 1 month 1 week 5 days 10 hours ago) and read 2444 times:
Strange? It's normal.
They called it a "counter trade".
Countertrade is an umbrella term covering a wide range of commercial mechanisms for reciprocal trade. Barter is probably the oldest and best known example, however others, such as offset, buyback, tolling and switch-trading, have also evolved to meet the requirements of a more sophisticated world economy. All of these generally involve the exchange of goods or services to finance purchases, rather than using cash alone. Countertrade, in its various forms, represents 10-15% of world trade (esp. when buying military equipments, between developing countries n developed countries v.v).
Leskova From Germany, joined Oct 2003, 6075 posts, RR: 69
Reply 3, posted (11 years 1 month 1 week 5 days 10 hours ago) and read 2396 times:
It'll definately be enough for an All-You-Can-Eat-Buffet in either Europe or the US...
As far as I know, this type of deal usually will include a third party - the one that will be able to use/sell the comodity that is used for payment: instead of paying the person delivering, in this case the shrimp, they'll pay for the aircraft instead.