A Resident Buying Office Is ________

A resident buying office is ________.

A) a business that buys and sells products in many countries, either in its own name or as an agent for its buyer-seller clients
B) a government-owned or business-owned facility set up in a foreign country to buy products that are made there
C) a firm in an overseas distribution network selling noncompetitive products made by other firms
D) formed by an agreement where a licenser gives a foreign licensee the right to use a patent, trademark, copyright, technology, and products in return for a percentage of the licensee's sales or profits