A(n) _____ occurs when a firm builds a plant in a country and agrees to take a certain percentage of the plant's output as partial payment for the contract.
A) buyback
B) barter
C) offset
D) switch trade

Question

Quizplus · Accepted Answer

A buyback occurs when a firm builds a plant in a country-or supplies technology, equipment, training, or other services to the country-and agrees to take a certain percentage of the plant's output as partial payment for the contract.

A(n) _____ Occurs When a Firm Builds a Plant in a Country