_____ is a compensation arrangement where one party agrees to supply technology or equipment that enables the other party to produce goods with which the price of the supplied products or technology is repaid.
A) Clearing arrangements
B) Buyback
C) Switch trading
D) Offset

Question

Quizplus · Accepted Answer

This compensation arrangement is known as a buyback. It involves one party supplying technology or equipment to another party in exchange for the produced goods, with the price of the supplied technology or equipment being repaid through the produced goods. Clearing arrangements involve the exchange of goods or services without the use of money, switch trading involves the exchange of one type of good or product for another, and offset refers to a form of countertrade where one party buys goods or services from another party in exchange for future purchases.

_____ Is a Compensation Arrangement Where One Party Agrees to Supply