Nonmarket transactions refer to:
A)purchases in the spot market.
B)horizontal integration.
C)long-term contracts.
D)purchases in the international market.

Question

Quizplus · Accepted Answer

Nonmarket transactions often involve long-term contracts rather than immediate, spot market exchanges. These contracts can include agreements for future delivery of goods or services, often at predetermined prices, which are not conducted in the open market.

Nonmarket Transactions Refer To