What Is the Term for an Arrangement in Which a Small

question 127

Multiple Choice

What is the term for an arrangement in which a small firm teams with, and serves as a subcontractor for, a larger international company on a foreign project?

• A) international trade mentorship
• B) trade facilitation
• C) offset agreement
• D) mutual trade agreement

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Definitions:

Project AAR

The Average Annual Return of a project, calculated by dividing the total return by the number of years.

Accepted

Recognized as valid, suitable, or conforming to a standard or requirement.

Managers

Individuals or groups responsible for directing and overseeing the operations and strategies of a business or part of a business.