Dolphin Inc., a Spanish transportation company, purchased buses from Anderson Inc., an American automobile company. In return, the Spanish government asked Anderson to purchase parts for the buses from or assemble portions of the buses in Spain. This scenario illustrates a(n) _____ between Anderson and the Spanish government.

Question

Quizplus · Accepted Answer

This scenario is an example of an offset agreement, where one party agrees to purchase goods or services with the condition that the seller will make some purchases or investments in the buyer's country.