Word: bartering
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Welcome to countertrade, a modern form of bartering and one of the fastest growing ways of doing business around the world. Countertrade ranges from relatively simple barter transactions to intricate arrangements that can involve many nations and goods as well as complex financing and credits. Because so many countries, especially the less developed ones (LDCs), are having trouble paying cash for the goods they need, swapping merchandise and services is becoming increasingly attractive...
...centuries. The Indians sold Manhattan Island to the Dutch for some beads, cloth and trinkets, and during World War II Adolf Hitler sent Yugoslavia boxcars of aspirin in return for that country's copper. Low commodity prices and a world credit crunch are causing the back-to-barter boom. In just eight years, countertrade in all its forms has grown from an estimated 2% of world commerce to roughly 33%, according to Business Trend Analysts, a New York consulting firm...
...THIS HEDGE is more of an indication of the manner in which businesses will use this vague ruling to barter with labor rather than a legitimate restraining caution. "If there was some way of making sure the businesses were really bankrupt, then I'd be much happier," Nesson concludes. There isn't, however, especially since businesses now won't have to wait for court approval before rejecting union contracts...
...this card I write for you, it is your hotel identay'ii, ja?"). Through Petworth's perplexities with words-and with such other languages as sex, politics and food-Bradbury suggests that life is rather like a monetary system. It can proceed only by a kind of barter, a series of provisional transactions aimed at "making a trade, finding an equivalent, striking a bargain, forging a value...
...poll conducted for TIME by Yankelovich, Skelly and White Inc.,* 36% of those questioned believed that cheating on income taxes is becoming more common. More unsettling, 43% found it "acceptable" to barter goods and services without reporting it on the tax forms, and 26% found it acceptable not to report cash payments as income. Other polls reveal an even greater cynicism. In a survey taken in Oregon, one out of four citizens admitted cheating on taxes. In another study, more than half believed that nearly all Americans would cheat if they felt they could get away with it. Yet another...