What is offshoring?
A) When workers in a foreign country are hired by a domestic firm to produce something sold domestically.
B) Importing a manufactured goods made by a foreign firm.
C) Exporting a good or service to buyers in other countries.
D) When domestic workers are hired by a domestic firm to produce something sold exclusively in other countries.
Correct Answer:
Verified
Q7: Goods and services bought domestically but produced
Q11: Exports are domestically produced goods and services
A)sold
Q13: Between 1960 and 2010, Australia's imports increased
Q14: A tariff is a tax imposed by
Q17: What are domestically produced goods and services
Q19: Why do domestic firms offshore production processes?
Q20: What is a tax imposed by a
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