Which Type of Countertrade Arrangement Is Required by Governments Seeking

question 105

Multiple Choice

Which type of countertrade arrangement is required by governments seeking to reduce the budgetary impact of expenditures for defense or telecommunications?

• A)barter
• B)switch trading
• C)offset
• D)compensation trading
• E)none of the above

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Definitions:

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The accomplishment of an aim or purpose, often marked by achieving specified goals or attaining prosperity.

Revenue

The income generated from normal business operations or other activities, calculated before any expenses are subtracted.

Governments

Governments are formal structures and institutions that hold the authority to establish rules, regulations, and policies for a geographic area and its population.

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Describes an organization or system that is efficiently and effectively controlled and operated.