A Form of Countertrade That Usually Typifies Long-Term Relationships Between

question 15

Multiple Choice

A form of countertrade that usually typifies long-term relationships between the companies involved is called ________.

• A)barter
• B)franchising
• C)offset
• D)buyback

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Definitions:

Tariff Rates

The taxes imposed by a government on imported or, less commonly, exported goods, often used to protect domestic industries or to generate revenue.

Import Quotas

Limits imposed by a government on the quantity or value of certain goods that can be imported into a country during a specific time.

U.S. Exports

Goods or services produced in the United States and sold to other countries, contributing to the country's economy and trade balance.

Plasma TVs

A type of television display technology that utilizes small cells containing electrically charged ionized gases to produce images.