An agreement by a foreign seller to include as part of the sale in the foreign nation the use of parts or services from local suppliers in order to satisfy local content requirements is known as:

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The agreement described is an offset agreement, which is a type of trade agreement where the buying country requires the seller to invest a certain amount of money in the buying country's economy. In this case, the requirement is for the use of local suppliers to satisfy local content requirements. A buy-back agreement (A) involves a seller agreeing to buy back products or materials from the buyer, typically after a certain period of time. A switch agreement (C) does not relate to international trade, and a protocol agreement (D) refers to a formal agreement that outlines a process or procedure.

An Agreement by a Foreign Seller to Include as Part