This article is within the scope of WikiProject Economics, a collaborative effort to improve the coverage of Economics on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.EconomicsWikipedia:WikiProject EconomicsTemplate:WikiProject EconomicsEconomics articles
This article is within the scope of WikiProject Globalization, a collaborative effort to improve the coverage of Globalization on Wikipedia. If you would like to participate, you can edit the article attached to this page, or visit the project page, where you can join the project and see a list of open tasks.GlobalizationWikipedia:WikiProject GlobalizationTemplate:WikiProject GlobalizationGlobalization articles
This article is within the scope of the Military history WikiProject. If you would like to participate, please visit the project page, where you can join the project and see a list of open tasks. To use this banner, please see the full instructions.Military historyWikipedia:WikiProject Military historyTemplate:WikiProject Military historymilitary history articles
This article has been checked against the following criteria for B-class status:
This article is within the scope of WikiProject Trade, a collaborative effort to improve the coverage of Trade on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.TradeWikipedia:WikiProject TradeTemplate:WikiProject TradeTrade articles
Offsets are compensatory trade agreements, reciprocal trade agreements,[1] between an exporting foreign company, or possibly a government acting as intermediary, and an importing entity. Offset agreements often involve trade in military goods and services and are alternatively called: industrial compensations, industrial cooperation, offsets, industrial and regional benefits, balances, juste retour or equilibrium, to define mechanisms more complex than counter-trade. Counter-trade can also be considered one of the many forms of defense offset, to compensate a purchasing country.[2] The incentive for the exporter results from the conditioning of the core transaction to the acceptance of the offset obligation.[3] The main difference between a generic offset and counter-trade, both common practices in the international defense trade, is the involvement of money. In counter-trade, goods are paid through barters or other mechanisms without the exchange of money, while in other generic offsets money is the main medium of exchange.
Latest comment: 1 year ago1 comment1 person in discussion
