A Chinese manager is given an expatriate assignment in the U.S. Day-to-day expenses in the U.S. are higher than in China. Which of the following is the firm likely to provide to offset this difference?

Question

Quizplus · Accepted Answer

Allowances are often offered to make the expatriate assignment less unattractive. Cost-of-living allowances are payments that offset the differences in expenditures on day-to-day necessities between a host country and a parent country.

A Chinese Manager Is Given an Expatriate Assignment in the U.S