The Developing Country of Alpha Had a Rule That None

question 50

Multiple Choice

The developing country of Alpha had a rule that none of its factories could be owned by companies from the developed country of Beta.If Alpha drops this rule,this would be an example of ________.

• A) a decline in trade and investment barriers
• B) a total embargo
• C) technological innovation
• D) an increase in tariffs
• E) offshore outsourcing

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Definitions:

Employee

An individual who is hired by a company to perform specific duties in exchange for compensation.

Worker

An individual engaged in a particular activity, especially pertaining to employment or labor, to earn compensation.

Fiduciary Relationship

A legal or ethical relationship of trust between two or more parties, typically involving the management of money or assets by one party for another.

Agency Relationship

A legal arrangement where one party, the agent, is authorized to act on behalf of another party, the principal, in business transactions or other matters.