Counterpurchase Is ________

question 73

Multiple Choice

Counterpurchase is ________.

• A) countertrade whereby one company sells to another its obligation to make a purchase in a given country
• B) an agreement that a company will offset a hard-currency sale to a nation by making a hard-currency purchase of an unspecified product from that nation in the future
• C) the sale of goods or services to a country by a company that promises to make a future purchase of a specific product from that country
• D) the exchange of goods or services directly for other goods or services without the use of money

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Definitions:

% Conversion

The percentage indicating how much of the reactants have been transformed into products in a chemical reaction.

ΔG°

The change in standard Gibbs free energy during a chemical reaction, indicating spontaneity at standard conditions.

Enthalpy

A thermodynamic quantity equivalent to the total heat content of a system. It is equal to the internal energy of the system plus the product of pressure and volume.

Endothermic

Refers to a process or reaction that takes in energy from the environment, usually as heat.