"Offshoring" of certain production activities refers to
A) businesses shifting production activities from being done domestically to foreign locations.
B) businesses acquiring other businesses abroad.
C) investors putting their funds into foreign assets instead of investing them in local businesses.
D) firms opening new markets offshore and expanding their targeted export areas.
Correct Answer:
Verified
Q288: The so-called eurozone refers to
A) all members
Q324: What is the principle of comparative advantage?
Q328: One main point of Frederic Bastiat's satire
Q328: Production of goods and services require different
Q329: What are the major imports and exports
Q330: State how the world economy can benefit
Q333: List and describe the four basic types
Q335: Some people accuse an offshoring firm of
Q337: What are the net costs of tariffs
Q338: Which is more effective in blocking imports,
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents