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 is called a(n) ________.
A) counterpurchase
B) offset
C) switch trading
D) barter

Question

Quizplus · Accepted Answer

An offset agreement involves a company agreeing to offset a sale by making a future purchase from the same country, often with unspecified products.

An Agreement That a Company Will Offset a Hard-Currency Sale