"Offshoring" of Certain Production Activities Refers to

question 260

Multiple Choice

"Offshoring" of certain production activities refers to

• A) businesses shifting production activities from being done domestically to foreign locations.
• B) businesses acquiring other businesses abroad.
• C) investors putting their funds into foreign assets instead of investing them in local businesses.
• D) firms opening new markets offshore and expanding their targeted export areas.

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Definitions:

Evidence

Information or objects presented in court to persuade the judge or jury of an argument's validity.

Proof

Evidence or argument establishing a fact or the truth of a statement.

Respondeat Superior

A legal doctrine that holds employers or principals liable for the wrongful acts committed by their employees or agents while engaged in the scope of their employment or agency.

Employer

An individual or entity that hires and pays for the services of workers or employees, typically in exchange for their labor.