Which type of countertrade arrangement is required by governments seeking to reduce the budgetary impact of expenditures for defense or telecommunications?
A)barter
B)switch trading
C)offset
D)compensation trading
E)none of the above

Question

Quizplus · Accepted Answer

Offset arrangements are often used by governments to reduce the budgetary impact of large expenditures, such as those for defense or telecommunications, by requiring the seller to reciprocate with purchases of goods or services from the buying country.

Which Type of Countertrade Arrangement Is Required by Governments Seeking