Organization for Economic Cooperation and Development

U. S. government officials worry that the explosive growth in countertrade will weaken the world trading system. By concealing the real prices and costs of transactions, says one U. S. trade representative, the various forms of barter may conceal and help perpetuate economic inefficiencies in the marketplace. Baiter can also be risky business. “Many companies,” says David Yoffie, suffer losses because they' re stuck with products of poor quality or with the wrong specifications. ” International trade by barter according to some experts, an inefficient and expensive means of doing business compared to trading with money. On the other hand, some other experts assert that the rise of countertrade provides practical solutions to the debt problems of the international monetary system.

Faced with declining revenues, the Saudi Arabian government was reluctant to pay in cash but to offer crude oil of equivalent value.

It’s morally indefensible when companies contributing to destroying jobs and wealth also earn a lot of money.

The Federal Reserve announced a plan to purchase $ 300 million long-term government bonds to bolster the nation’s economy.

Economists reckon that the euro will slide to less than parity with the dollar within a year.

One of the central justifications for the single market was its ability to create great economic prosperity.

Greece’s budget deficit threatened the economic stability of languishing euro zone countries.

There is a violent backlash against the latest health care reform in the U. S..

Japan has set targets to cut taxes, rein in powerful trade unions and reduce public spending.