In global trade, what is the primary purpose of long-term supply agreements for critical technological components?

By Rabia Anum

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Last Updated 13 Aug 2026

A. To bypass international patent protections

B. To mitigate price volatility and supply risks

C. To eliminate the need for quality control

D. To prevent future technological obsolescence

📚 Topics: International Current Affairs

🎯 Exams: CSS PMS UK_CS US_COMP

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