Which of the Following Statements Is True of Foreign Outsourcing

question 15

Multiple Choice

Which of the following statements is true of foreign outsourcing?

• A) It drives down the cost of production.
• B) It is a specialized type of licensing.
• C) It helps circumvent government restrictions on importing in closed markets.
• D) It is the most basic level of international market development.

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Definitions:

Supreme Court Justices

Members of the Supreme Court, the highest court in many countries, including the United States, appointed to interpret the constitution and make judgements on legal disputes.

Ambassadors

Official representatives of a state who are appointed to handle diplomatic affairs and relations with other nations.

Constitutional Powers

The authorities granted to the government branches or officials by a constitution, delineating the scope and limitations of their roles.

Executive Power

The authority to execute and enforce laws, typically vested in the president or prime minister in a governmental system.