Offshoring Is When a Company Moves One or All of Its

question 46

True/False

Offshoring is when a company moves one or all of its factories from the host country to the home country.

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Definitions:

Commercial Bank

A financial institution that provides various services, including accepting deposits, lending money, and offering investment products to individuals and businesses.

Savings and Loan

A type of financial institution that specializes in accepting savings deposits and making mortgage and other loans.

Depository Institutions

Depository institutions are financial organizations, such as banks and credit unions, that accept deposits from individuals and provide loans.

Reserves

Funds that banks use to satisfy the cash demands of their customers and the reserve requirements of the Fed; reserves consist of cash held by banks plus deposits at the Fed.