A counterpurchase

Question

A counterpurchase

Quizplus · Accepted Answer

A counterpurchase is a type of international trade agreement where two parties agree to purchase goods or services from each other. In a counterpurchase agreement, one party agrees to purchase goods or services from the other party, on the condition that the other party also purchases a certain amount of goods or services from the first party. In a counterpurchase, the seller of the manufacturing plant agrees to buy unrelated goods, rather than buying back the plant output as in a buyback transaction. Therefore, option B is the correct answer.

A Counterpurchase