1. Barter
... . The widespread use of computers in barter exchanges has caused an increase in barter through improvements in telecommunications (Ritter, 1995). Most barter exchanges have created an internal barter unit or credit which makes an indirect exchange of goods and services possible. Today, corporations of all size practice the art of bartering. According to the International Reciprocal Trade Association (IRTA), the total ... in dollar terms. Based on the code of conduct of all barter exchanges, businesses are expected to trade items or services at their cash market prices. So under these con...
- Word Count: 1794
- Approx Pages: 7
- Grade Level: Undergraduate