The Russian Term for Restructuring Is

question 108

Multiple Choice

The Russian term for restructuring is:

• A) perestroika.
• B) gorbachev.
• C) ziyang.
• D) gosplan.

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Definitions:

NAFTA

The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico that eliminated most tariffs and trade barriers between the countries.

Comparative Advantage

The ability of an entity to produce a good or service at a lower opportunity cost than others.

Accounting Services

Professional services that include bookkeeping, audit, tax preparation, financial analysis, and consultancy related to financial management.

Offshoring

The practice of moving a part of a company's operations or business processes to another country to reduce costs or take advantage of favorable conditions.