countertrade

noun
coun·​ter·​trade | \ ˈkau̇n-tər-ˌtrād \

Definition of countertrade

: a form of international trade in which purchases made by an importing nation are linked to offsetting purchases made by the exporting nation

First Known Use of countertrade

1976, in the meaning defined above

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The first known use of countertrade was in 1976

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