CuberTech, an American electronics company, set up its production facilities in Chuaga, an Asian country, because the workers in Chuaga work for about one-third the pay of American workers. This substantially lowered CuberTech's cost of production. This scenario is an example of _____.
A) direct investment
B) a joint venture
C) foreign outsourcing
D) foreign franchising
Correct Answer:
Verified
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