Barter in International Trade

Sergey Ivanovich Dolgov, Yuri Anatolievich Savinov, Aleksander Ivanovich Belchuk, Galina Aleksandrovna Orlova, Evgenija Vadimovna Taranovskaja and Andrey Viktorovich Sotnikov
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Sergey Ivanovich Dolgov: Russian Foreign Trade Academy, Moscow, Russia
Yuri Anatolievich Savinov: Russian Foreign Trade Academy, Moscow, Russia
Aleksander Ivanovich Belchuk: Russian Foreign Trade Academy, Moscow, Russia
Galina Aleksandrovna Orlova: Russian Foreign Trade Academy, Moscow, Russia
Evgenija Vadimovna Taranovskaja: Russian Foreign Trade Academy, Moscow, Russia
Andrey Viktorovich Sotnikov: Retiree, Moscow, Russia

Russian Foreign Economic Journal, 2024, issue 5, 7-15

Abstract: Another round of sanctions in international trade prompts expansion of barter, a centuries-proven international trade method, a non-monetary exchange of goods and services. At present, barter transactions have been expanding due to de-dollarization. The development of the Internet with the web-based digital platforms contributed significantly to expanding bartering. Hostile restrictive measures imposed by the United States against many countries, in particular Iran, have spurred the use of such platforms.

Keywords: international trade; barter; developing countries; Iran; Pakistan (search for similar items in EconPapers)
JEL-codes: F10 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:alq:rufejo:rfej_2024_05_7-15

DOI: 10.24412/2072-8042-2024-5-7-15

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