An offset agreement differs from a counterpurchase agreement in that an offset agreement ________.
A) fails to specify the type of product that must be purchased
B) fails to specify the amount that will be spent on the purchase
C) fails to give a business greater freedom in fulfilling its end of a countertrade deal
D) fails to make a hard-currency purchase of any product from that nation in the future

Question

Quizplus · Accepted Answer

An offset agreement often does not specify the exact type of product that must be purchased, allowing for more flexibility in fulfilling the agreement's terms compared to a counterpurchase agreement, which typically involves more specific terms regarding the products or services to be exchanged.

An Offset Agreement Differs from a Counterpurchase Agreement in That