Which of the Following Refers to Engaging in the International

question 49

Multiple Choice

Which of the following refers to engaging in the international division of labor so as to obtain the cheapest sources of labor and supplies regardless of country?

• A) Franchising
• B) Licensing
• C) Market entry strategy
• D) Outsourcing
• E) Activity

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Definitions:

John Foster Dulles

A prominent American diplomat and Republican U.S. Secretary of State in the 1950s, known for his significant role during the Cold War era.

Neutralist Movement

A political and social movement advocating for neutrality in international conflicts, opposing alliances and wars unless necessary for self-defense.

Third World

A term originally used to describe countries that were not aligned with either the capitalist NATO bloc or the communist Eastern Bloc during the Cold War, now more broadly referring to developing nations.

Ngo Dinh Diem

A Vietnamese political leader who served as the President of South Vietnam from 1955 until his assassination in 1963, noted for his authoritarian rule and policies against communists.