A company proposes that in exchange for a hard-currency sale,it will make a hard-currency purchase of an unspecified product from the buyer nation in the future.Which of the following is the company proposing?
A) a counterpurchase
B) an offset
C) a buyback
D) a barter

Question

Quizplus · Accepted Answer

The company is proposing an offset arrangement, which involves a hard-currency sale followed by a hard-currency purchase in the future. In an offset, the company using this arrangement may purchase any goods and services from the supplying nation, not necessarily any specific product. Counterpurchase, buyback, and barter do not fit the scenario described in the question.

A Company Proposes That in Exchange for a Hard-Currency Sale,it