An Offset Agreement Differs from a Counterpurchase Agreement in That

question 104

Multiple Choice

An offset agreement differs from a counterpurchase agreement in that an offset agreement ________.

• A) fails to specify the type of product that must be purchased
• B) fails to specify the amount that will be spent on the purchase
• C) fails to give a business greater freedom in fulfilling its end of a countertrade deal
• D) fails to make a hard-currency purchase of any product from that nation in the future

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