A system whereby expatriates are given a portion of their pay in the local currency to cover their day-to-day expenses and a portion of their pay in their home currency to safeguard their earnings from changes in inflation or foreign exchange rates is known as:

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The system described in the question is known as split pay, where expatriates receive a portion of their pay in the local currency and a portion of their pay in their home currency. This system helps expatriates manage day-to-day expenses while also protecting their earnings from foreign exchange rate fluctuations or changes in inflation. Host-based pay refers to a system where expatriates are paid the same as local employees in the host country. Localization is the process of adapting products or services to meet the language, cultural, and other specific requirements of a particular country or region. Home-based pay is a system where expatriates are paid the same as they would be in their home country.

A System Whereby Expatriates Are Given a Portion of Their