Fostering reciprocal trade
- Representing barter organizations
Description
Fostering reciprocal trade involves establishing mutually beneficial agreements between trading partners to ensure balanced exchanges of goods, services, or resources. This strategy aims to address trade imbalances, reduce dependency, and promote economic stability by encouraging fair terms and equitable market access. Practical actions include negotiating bilateral or multilateral trade deals, removing discriminatory barriers, and implementing mechanisms for ongoing review, thereby remedying issues of exploitation, protectionism, and unequal economic relationships.
Implementation
There are over 600 commercial barter organizations in operation, with global volume of an estimated US$ 900 billion worldwide, growing at 15% per year (or 3 times faster than normal currency facilitated transactions).
Facilitates
Metadata
Database
Global strategies
Type
(D) Detailed strategies
Content quality
Yet to rate
Language
English
1A4N
J8590
DOCID
12085900
D7NID
201616
Editing link
Official link
Last update
Dec 3, 2024