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Counterpurchase or parallel barter simple exchange of goods reverse reciprocity grants access to resources Buyback or compensation arrangement One party purchases the output of another party that is derived from technology or equipment supplied by the purchasing party. o Clearing account arrangements Trading parties maintain restricted purpose drawing accounts for the deposits of their countertrade activities Copyright@ 2001 by Harcourt, Inc. All rights reservedCopyright © 2001 by Harcourt, Inc. All rights reserved. 22-4 Types of Countertrade Counterpurchase or parallel barter • simple exchange of goods • reverse reciprocity grants access to resources Buyback or compensation arrangement • One party purchases the output of another party that is derived from technology or equipment supplied by the purchasing party. Clearing account arrangements • Trading parties maintain restricted purpose drawing accounts for the deposits of their countertrade activities
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