________ Refers to Any One of Several Different Arrangements That

question 37

Multiple Choice

________ refers to any one of several different arrangements that business parties negotiate so that they can trade goods for good,primarily with countries that have limited amounts of foreign exchange.

• A) Factoring
• B) Offset
• C) Countertrade
• D) Barter

---

Definitions:

Cap-And-Trade

An environmental policy tool that sets a cap on emissions and allows entities to buy and sell permits for emissions as a way to reduce pollutants in a cost-effective manner.

Market Approach

A method of determining the value of an asset based on the selling price of similar items in the market.

Tragedy Of The Commons

A scenario where individual use of a shared resource in their own interest depletes or spoils that resource, despite understanding that this is against the common good.

Design For Remanufacturing

The process of designing products so that they can be easily disassembled and reassembled or refurbished for future use.