​The Practice of Locating Plants That Produce Products for American

question 6

Multiple Choice

​The practice of locating plants that produce products for American markets in Third World nations where the corporation can take advantage of lower wage rates is sometimes referred to as _____.

• A) ​alienation
• B) ​deindustrialization
• C) ​international integration
• D) ​importation

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Definitions:

Defaulted

Refers to failing to fulfill a legal obligation, especially failure to pay a debt or appear in court as required.

Foreclosed

The legal process by which a lender takes possession of a property due to the borrower's failure to pay the mortgage.

Improvements

Enhancements or upgrades made to a property or a product, increasing its value or functionality.