In essence, bartering is simply buying or paying for goods or services
using some thing other than money (coins or government printed paper dollars).
Thus defined, bartering has been around much longer than money as we
know it today.
Recent estimates indicate that at least 60 percent of companies on the
New York Stock Exchange use the principles of bartering as a standard
business practice.
And congressmen barter daily to gain support for their pet projects.
U.S. aircraft manufacturers barter with foreign airlines in order to close
sales on million dollar contracts.
Perhaps you have experienced at one time or another in your life a friend
saying, "Okay, that's one you owe me..."
Basically, that's bartering.To view Article Click Here (link opens to a new window)
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