A Counterpurchase Gives Exporters More Flexibility Than an Offset

question 26

True/False

A counterpurchase gives exporters more flexibility than an offset.

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Definitions:

Liable

Legally responsible or obligated, often in the context of paying compensation for harm or damage.

Damaged

Refers to items or property that have been harmed or adversely affected, usually reducing their value or functionality.

Merchant

An individual or business involved in the wholesale purchase or retail sale of goods for profit.

Non-necessary Item

Refers to goods or services that are not essential for survival or basic living and are often categorized as luxury or discretionary purchases.