Back to bartering basics

Article Abstract:

US businesses are increasingly resorting to barter relationships among themselves, with approximately 150,000 companies bartering goods and services with a turnover approaching $100 billion in 1989. Corporate barter provides businesses with access to potential customers and the ability to trade unwanted inventory for better prices in terms of goods received. Barter brokers set up client networks that include companies outside a client's normal sphere of operations. Goods and services are bartered at prices above the level they would command as cash transactions, creating accounting treatment difficulties. The basis of the accounting treatment of barter transactions should be in terms of normal market values. Fair value should be determined by referring to estimated values of cash transactions involving similar assets, quoted market prices, and independent appraisals.

Business, International trade, Barter

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Old 'Uns Get Back in the Running for Health

Article Abstract:

Fitness programs for executives provide an investment in preventive medicine. The program for the executive should be different than the ordinary sweatshop or gymnasium. In examining a training or fitness program, one should look for a trained physical education instructor, the presence and use of measurements of the effects of exercise on the individual and the requirement of a medical examination. Some companies provide in-house fitness centers; one good example is Standard Telephone and Cables in London, England. The benefits of exercise and fitness centers can be seen in improvements in business performance and decreased illness.

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Protectionism is back... or is it?

Article Abstract:

Increasing protectionist sentiments in the US threaten to engulf the world's industrialized nations in a global trade war. The traditional remedy for trade imbalances, currency depreciation, is not working. Despite the fact that the US dollar has depreciated against the Japanese Yen and the German Mark, the US continues to have large trade imbalances with Japan and Germany. The final solution to trade imbalances is not protectionism or currency devaluations, but rather improved economic cooperation between countries.

International aspects, Balance of trade, Protectionism

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