A(n)_____ occurs when a firm builds a plant in a country and agrees to take a certain percentage of the plant's output as partial payment for the contract.
A) counterpurchase
B) offset
C) switch trading
D) buyback
E) barter

Question

Quizplus · Accepted Answer

A buyback occurs when a firm builds a plant in a 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 Builds a Plant in a Country