A "Second Wave" of Offshore Outsourcing Involves Sizable Numbers of Skilled

question 258

True/False

A "second wave" of offshore outsourcing involves sizable numbers of skilled, well-educated, middle-income workers in service-sector jobs.

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Definitions:

Option Contract

A contract which grants the holder the right to buy or sell an underlying asset at a predetermined price within a specified time frame.

Hedge Risk

A financial strategy used to limit or offset the probability of loss from fluctuations in the prices of currencies, commodities, or securities.

Speculate

The act of investing or trading in financial assets with high risk in anticipation of significant returns.

American Option

A type of options contract that allows holders to exercise the option at any time up to and including the expiration date.