Countertrade: Solution or Problem?

Derek T. Healey

Chapter 8 in National Income and Economic Progress, 1988, pp 139-167 from Palgrave Macmillan

Abstract: Abstract The story is going around that Vladimir was taking his dog to market to sell it when he met his friend Igor. ‘How much?’ asked Igor. ‘Two thousand roubles’, replied Vladimir. ‘You must be joking’, said Igor, ‘that mongrel will be lucky to get two hundred roubles’. A few days later Vladimir met Igor again and told him he had sold the dog — for two thousand roubles. Igor was astonished. ‘Nothing to it’, said Vladimir. ‘I went into a pet shop and the man there happened to have two cats for sale at a thousand roubles each’.1

Keywords: Free Trade; World Trade; National Income; Indifference Curve; Economic Progress (search for similar items in EconPapers)
Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-19340-0_9

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DOI: 10.1007/978-1-349-19340-0_9

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