The joint commercial operations as a tool of avoiding of liquidities in the current crisis context

Authors

  • Gabriela UNGUREANU Associate prof. Ph.D. Faculty of Marketing and International Affaires Spiru Haret University
  • Luminiţa PISTOL Professor Ph.D. Faculty of Marketing and International Affaires Spiru Haret University
  • Anca VÂRGĂ Assistant lecturer, PhD student Faculty of Marketing and International Affaires Spiru Haret University

Keywords:

clearing agreement, buy-back, switch, off-sets, compensation, barter

Abstract

AbstractThe main joint commercial operations are counterpart, re-export and switch operations. Regardless of the evolution of barter, these arrangements may be made at the firm level, as well as at the governmental one. Delivery in counterpart has extended relatively a lot in the contemporary international trade and it implies the elimination or the reduction of the traditional paying tools and its replacement with the exchange of goods and services normally sustained by financial deals. The counterpart operations are mainly based on the oldest form of trade – the barter (exchanging goods for goods) which precedes the use of money. The barter as an arrangement between Governments of different countries has some specific features such as: the high value level of the occasional barter exchanges, the long-term convention, an agreement regarding different safeguarding stipulations. 

References

• Costea, C., Afaceri comerciale – abordari moderne, All Back Publishing House, Bucharest, 2005.

• Hank Levin, Fred Gallo, Ph.D. (FRW), Clearing: A Guide for Professionals: Helping People Remove Personal, 2007.

• Pistol, G., Pistol, L. (coordonatori), Comerţ intern (teorie şi practică), Economica Publishing House, Bucharest, 2004.

• Pistol, L., Tehnici de comercializare şi cooperare economică internaţionalăa, Fundaţia România de Mâine Publishing House, Bucharest, 2007.

• uk.bartercard.com/

• www.antreprenor.money.ro/dictionar/barter-162.html

• www.barterco.com/

• www.barternews.com/

• www.ebb.ro/classic-barter.html

• www.optionsclearing.com

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Published

2010-03-30

How to Cite

UNGUREANU, G., PISTOL, L., & VÂRGĂ, A. (2010). The joint commercial operations as a tool of avoiding of liquidities in the current crisis context. Annals of Spiru Haret University. Economic Series, 10(1), 121–130. Retrieved from https://www.anale.spiruharet.ro/economics/article/view/10113

Issue

Vol. 10 No. 1 (2010)

Section

ACADEMIA PAPERS

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