Which of the following is an example of outsourcing?
A) A U.S. firm moves a manufacturing plant from the U.S. to Thailand where the firm can hire cheaper labor.
B) A German firm hires an accountant in the U.S. to manage its payrolls.
C) All the above are examples of outsourcing.
D) None of the above is an example of outsourcing.
Correct Answer:
Verified
Q290: Outsourcing is being practiced by
A) U.S. firms
Q291: Q292: Employment of labor in a country other Q293: Some companies are having their technical support Q294: Which of the following statements describes the Q296: What are the short-run economic effects when Q297: Explain the implications of outsourcing for employment Q298: When firms in a U.S. industry outsource Q299: Economic analysis indicates the net long-run effect Q300: 
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