_____ Refer to Employees Who Have an Assignment to Manage

question 21

Multiple Choice

_____ refer to employees who have an assignment to manage an operation abroad without being located permanently in that country.

• A) Virtual expatriates
• B) Market mavens
• C) Offshore employees
• D) Intrapreneurial employees

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Definitions:

Balance of Trade

The difference in value between a country's exports and imports over a certain period.

Goods and Services

Physical items that can be purchased (goods) and intangible assistance or activities provided for consumption (services).

Trade Deficits

A situation where a country's imports of goods and services exceed its exports, resulting in a negative balance of trade.

Saving Rate

The portion of income that is not spent on consumption but is saved or invested for future use.