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In Their Search for Cheap Labor,global Corporations Have Tended to Favor__________________for

question 43

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In their search for cheap labor,global corporations have tended to favor__________________for low-skilled assembly jobs.


Definitions:

Bond Liability

An obligation or debt issued by a company, promising to repay the principal amount along with interest to bondholders at a specified future date.

Convertible Bond

A type of bond that can be converted into a predetermined number of the issuer's equity shares at certain times during the bond's life, usually at the discretion of the bondholder.

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