A(n) _____ occurs when a firm supplies technology, equipment, training, or other services in a country and agrees to take a certain percentage of the resultant output as partial payment for the contract.
A) counterpurchase
B) offset
C) barter
D) buyback

Question

Quizplus · Accepted Answer

A buyback occurs when a firm builds a plant in a country-or supplies technology, equipment, training, or other services to the country-and agrees to take a certain percentage of the plant's output as partial payment for the contract.

A(n) _____ Occurs When a Firm Supplies Technology, Equipment, Training