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Offshoring Involves Moving Business Processes Such as Manufacturing or Call-Center

question 98

True/False

Offshoring involves moving business processes such as manufacturing or call-center operations abroad.


Definitions:

Doubled

Increased by 100 percent; made twice as large or numerous.

Quadrupled

Quadrupled in amount or worth.

Trade Deficit

A situation that occurs when a country imports more goods and services than it exports, resulting in a negative balance of trade.

Billions

A numerical value equal to one thousand million (1,000,000,000) in the short scale used by most English-speaking countries.

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