An offset agreement differs from a counterpurchase agreement in which of the following respects?
A)Offset does not specify the type of product that must be purchased.
B)Counterpurchase does not specify the type of product that must be purchased.
C)Offset does not involve a currency sale.
D)Offset does not specify the amount that will be spent.

Question

Quizplus · Accepted Answer

In an offset agreement, the seller can fulfill the obligation by purchasing any product from the buyer's country, whereas a counterpurchase agreement specifies the type of product that must be purchased.

An Offset Agreement Differs from a Counterpurchase Agreement in Which