Energy Source International builds a plant in Switzerland and agrees to take a certain percentage of the plant's output as partial payment for the contract. This type of countertrade is called a(n)
A) counterpurchase.
B) offset.
C) switch trade.
D) buyback.
E) barter.

Question

Quizplus · Accepted Answer

A buyback is a type of countertrade where the seller agrees to accept a portion of the output produced by the plant as payment.

Energy Source International Builds a Plant in Switzerland and Agrees