IV Developments in Bilateral Arrangements, Countertrade Practices, and Regional Arrangements
Author:
International Monetary Fund
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Language:
English
Print Publication Date:
01 Jan 1989
Keywords:
WEFS; undertaking trade liberalization measure; countertrade practice; uniform exchange rate change; countertrade agreement; EC imports; countertrade activity; fund member; EC restriction; EC trade; payments agreement; Countertrade arrangements; Trade barriers; Trade liberalization; Imports; Trading arrangements; Eastern Europe

Abstract

This section briefly reviews members’ payments and countertrade arrangements among themselves, as well as regional associations. Although bilateral payments arrangements have declined since the 1960s and now account for a small fraction of world trade, countertrade practices have become far more commonplace. In the area of regional arrangements, significant developments affecting formal regional and bilateral arrangements for trade and finance have taken place, in particular in industrial countries and South America.

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Cover 1989 World Economic and Financial Surveys
1989 World Economic and Financial Surveys
Development in International Exchange and Trade Systems
ISBN:
9781451940435
ISSN:
0258-7440
Publication Date:
01 Jan 1989
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781451940435.083
Pages:
61