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Bartering is not negotiating! Bartering is “trading” for a service, or for the goods you want. In essence, bartering, bartering is simply buying or paying for goods or services using something other than money (coins or government printed paper dollars).Thus defined, bartering has been around much longer than money as we know it today. Recent estimates indicate that at least 60 percent of companies on the New York Stock Exchange use the principles of bartering as a standard business practice. And congressmen barter daily to gain support for their pet projects. U.S. aircraft manufactures barter with foreign airlines in order to close sales on million dollar contracts. Perhaps you have experienced at one time or another in your life a friend saying, “okay, that’s one you owe me…” Basically, that’s bartering.
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