Moving Production from Outside a Country Back to the Home

question 9

Multiple Choice

Moving production from outside a country back to the home country is known as _____.

• A) homeshoring
• B) insourcing
• C) outsourcing
• D) reshoring

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Definitions:

Bankrupt Estate

The total assets of a person or entity that are available for distribution among creditors after declaring bankruptcy.

Proof of Claim

A written statement filed by a creditor in a bankruptcy case stating the amount owed by the debtor.

Creditors

Individuals or entities that are owed money by debtors, typically arising from financial obligations like loans or credit agreements.

Funds

Financial resources, including money or other assets, that are set aside for a specific purpose or investment.