A Computer Programmer Working in India Relocates to the United

question 33

Multiple Choice

A computer programmer working in India relocates to the United States. This is an example of

• A)international outsourcing.
• B)factor mobility.
• C)cross-border trade.
• D)factor intensity reversal.

Recognize the varied meanings and contexts of Jihad within global discussions.

Identify the negative impacts of global financial investments on local environments and communities.

Comprehend the multifaceted nature of globalization, including its economic, political, and social dimensions.

Grasp the role of foreign aid and its relationship with debt in developing countries.

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Definitions:

Unemployment Rate

The percentage of the labor force that is unemployed and actively seeking employment.

Short-run Phillips Curve

A visual diagram illustrating the short-term inverse correlation between inflation rates and unemployment rates.

Policymakers

Individuals or groups responsible for making and implementing policies, especially in government and legislative contexts.

Natural-rate Hypothesis

The theory suggesting that there is a specific level of unemployment that exists in an economy that is not eliminated by monetary policy in the long run.