Statement: The purpose of an offset is to minimize or "offset" technical risks in a project.

Name: Statement: The purpose of an offset is to minimize or "offset" technical risks in a project.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The primary purpose of an offset agreement in international defense and aerospace industries is to compensate or "offset" the buying country's expenditure by providing economic benefits, such as technology transfer, local production, or other commercial advantages, rather than to minimize technical risks.

Statement: the Purpose of an Offset Is to Minimize or "Offset