Which of the Following Statements Is a Good Prediction of Future

question 222

Multiple Choice

Which of the following statements is a good prediction of future occurrences in global markets?

• A)Fortunately,safety issues will become less of a concern as developing nations begin to participate in global trade at a faster pace.
• B)It is doubtful that service and technical type jobs such as accounting,legal representation,or financial management will become part of offshore outsourcing.
• C)China will continue to be the only viable global trader in Asia for several years to come.
• D)With the strong growth in technical talent globally,offshore outsourcing should continue to increase.

---

Definitions:

Uninformed Party

An individual or group lacking critical information, often leading to a disadvantage in decisions or negotiations.

Moral Hazard

The situation where one party engages in risky behavior because they know another party bears the consequences of that risk.

Pay Them In Advance

The act of settling a payment for goods, services, or work before they have been delivered or completed.

Employer-Worker Relationship

The professional and legal dynamics between employers and their employees, encompassing aspects of rights, duties, and workplace culture.