A buying agreement where the exporting country can fulfill the agreement with any firm in the country to which the sale is being made is called a(n)
A) switch trade.
B) offset.
C) buyback.
D) arbitrage.
E) barter.

Question

Quizplus · Accepted Answer

An offset is a type of trade agreement where the exporting country can fulfill the agreement with any firm in the importing country, allowing flexibility in choosing the partner for fulfilling the trade obligations.

A Buying Agreement Where the Exporting Country Can Fulfill the Agreement