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Barter trade..how to do it?
Post 1 of 19
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 Is there a standard way to work out a barter trade?  Is it a common practice?  How would I go about organizing it?


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12 Oct 2006 22:47
Post 2 of 19
Replying to [Admin]:
Barter trade transactions are based on a reference value.

For example if a company from China were to sell some snow mobiles to the Russians across the border of Heilongjiang. There will be a reference value for the price of each vehicle at a 'currency' agreed.

For example, one unit cost 15,000 RMB and 10 were sold in the Barter trade, the total will be 150,000 RMB. In exchange for the snow mobiles, the Russian agrees to supply crude oil at the price of 480 RMB a barrel. The Russians will have to supply 313 barrels of oil in the Barter trade with the machines supplied by the Chinese.

Street Smart
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21 Oct 2006 01:55
Post 3 of 19
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Replying to [Admin]:If wanting to do the transaction by means of barter had several matters:
1.
The product that will in barter must be in accordance with the product that we have
2.confirmed indeed the product price was not too far with the price of our product that would we barter
3.
Confirmed also that the product that would we barter had the use/his function for us.


21 Oct 2006 05:26
Post 4 of 19
Replying to [Admin]:

Barter trade is kind of exchanging goods from two agreed parties. At certain time, those parties involved might ignore the market value reference of the product.

At certain point, when you are in need of certain product, they will then exhange it with the concept of "willingness".

Just an example, in the olden days certain communities who are living near to the sea will barter trade their comodity such as "seafood" with those communities living in highland for some fresh vegetables.

It will eliminate the currency value and trade for the necessary items which they might not be able to produce themselves.
21 Oct 2006 08:38
Post 5 of 19
Replying to [Admin]:

First of all we check what is called BARTER.
BARTER TRADE means "To get oravail the Goods in exchange of Goods".

Now-a-days this type of terms or business are not transacts or not in practice . In old days.. say in 70s or 80s businessmen doing business in terms of trade and have good response from the businessmen of underdeveloping countries with communist countries i.e.India to Russia, Pakistan to Czhecoslovakia, Bangladesh to Romania, Srilanka to Hungry, Iran to Poland etc etc.

How to do it: Very simple..Those countries who has surplus crops, goods and wish to export to other countries and in return they able to gets the goods they required most or wish to have the same.
So for example that: "A" .. had a surplus Cotton Crops this year , now "A" wish to sale this surplus Cotton Crops to "B" and in return or exchange he would like to have Tea from "B" who had surplus Tea crops this year . And in the same manner "B" wish to have Cotton Crops from "A" in exchange of his surplus Tea crops. So they signed and agreed to transact business of this type to fulfill their requirements for mutual benefit.


21 Oct 2006 20:09
Post 6 of 19
Replying to [Admin]:
Barter trade was the starting point of Trade,
In laymen language simply exchanging the goods, Like in earlier period the farmer sold his wheat to poter for pots for storing water..
The point was making how much wheat for how much pots....
Nowadays also we see barter system , I myself do it ,
I send blankets and rice to African Countries and take copper and other material from the miner,
Calucaltion is quite simple use a standard currency , Like i use USD, me and my miner both agree on the prices in usd and exchange the materials accordingly...
Its better this way not only i get the material but I sell my prodcuts too...True trade I guess exchange of commodities...
22 Oct 2006 06:18
Post 7 of 19
Replying to NikolaevichTolstoi :

I felt compelled to answer you on your remarks about my personality.

If you were to read my writings, I mentioned the words: For example, and this is to make my point that there must be a 'value' point of reference to barter trade to be agreeable by the two parties.

1. There should be a developed VIRTUAL VALUE unit in reference to a known currency to measure and balance the exchanges.

2. For barter trade to take place, both groups or individuals have a coincidence of wants or needs, and each one should be able to supply what the other party demands.

3. Some system operates on intermediatries, who will store, trade and do the exchanges of goods on a lower level than with the wholesale party. Most of these items are consumables and there is daily demand. But the intermediates face very high economic risk of not getting the goods which the enduser demands.

4. The other model is multi-lateral barter trading, which only is possible because of the shortcomings of the uni-lateral barter trade done by wholesaler.

Barter trade will become more and more difficult as the people are dispossessed of the means of production for the widely accepted goods.

However, barter trade has found a new media to conduct such operations ... the INTERNET. As virtual currencies are transacted within the virtual systems, the goods change hands and some system of accounting is registered. These virtual currencies are backed by Banks and may be cashed out whenever the seller wants.

Examples of such Internet Barter Trading Portals are:

Bartercard http://www.bartercard.com/barter-trade

Trade Away http://www.tradeaway.com

ONEGER http://www.onecer.net/barter/


[em15] Street [em15]
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22 Oct 2006 23:53
Post 8 of 19
Replying to Nikolaevich Tolstoi:

You wrote this:

"Even children know, that area of Heilongjiang - the greatest oil manufacturer in all China.

This Chinese oil field of Heilongjiang - one of the greatest oil fields in the whole world.

The Smart Street why you speak such silly thing, great area of oil of Heilongjiang receives oil from Russia?

Strit the Smart from Singapore - most stupid person on all Alibaba."

You have hurt me with your words, and I am [em5]. I also read in my Forum Business Culture that you threatened to 'kill" one of our moderators, Johnleo.

Nikolaevich, you talk like a Russian gangster, and Alibaba does not welcome people like you. You live in Moscow, and talk about the Russian Far East, Vladivostock is the main city, where the Russian Navy of the Pacific fleet is harboured.

Although I am in Singapore, I have been to Heilongjiang and to the city of Vladivostock to visit my Russian friend there. ... have you been there? I doubt so, as you show your ignorance about the economic situation there.

RFE has much minerals such as scrap metal, silver, gold and oil and gas from the Sakhalin Island. There was recent discovery near Mongolia, and is pumping them to China. However this region still is not self-sufficient, and has to depend on doe from President of Russia. why? This is because of barter trade with the Chinese across the borders.

Russia sells timber, ginseng roots, frogs and jelly fish to the Chinese, and the Chinese sells them clothes and other necessities.
This little town, Vladivastock is further away from Moscow than Singapore, is frozen for 6 months of the year and only accessible for 6 months.

Street Smart



SIGNATURE:
About Our Company

Tijit Pte Ltd
Motto: Digital is our name : Portable is our game
Tijit provides service and supply to Marine Shipping Industry both here in Singapore and abroad focused on portable instruments.
We provide Customer Service for... More

23 Oct 2006 01:52
Post 9 of 19
Replying to [Admin]:award pls.. i think you got answer.. otherwise here fighting and shooting will start..[em22]
23 Oct 2006 04:21
Post 10 of 19
Replying to [Admin]:
OK barter trading is going on since the early history of the humane being, and still is parctced in our time, take for example IRAQ , program Food for Oil ,even in many other areas , it has been practiced , especially in oil trading, so I think it is very important and will remain so as long as the humane being exists.,




[em19][em20][em21]
23 Oct 2006 05:08
Post 11 of 19
Replying to [Admin]:

I think Street has answered your question very well, and has remained tactfull even after receiving such insults from Vadim. I think you should award the points to Street and remove the post by Vadim as it is rude and offensive. Especially when directed at a member that offers such a great deal of knowledge and help for all the other members of this site.
23 Oct 2006 16:28
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