A _______________ is a reciprocal buying agreement whereby one firm sells its products to another at one point and is compensated in the form of the other's products at some future time.

Question

Quizplus · Accepted Answer

This describes a counterpurchase agreement, which is a type of offset agreement used in international trade where two parties agree to purchase goods from one another. In a counterpurchase agreement, a firm may sell its products to another firm and receive payment in the form of the other firm's products at a later date. This is a way to help balance trade between countries and maintain relationships between businesses. Import/export, export management, and export intermediaries are not accurate descriptions of this type of agreement.

A _______________ Is a Reciprocal Buying Agreement Whereby One Firm