The Investing of Resources in Business Activities Outside a Firm's

question 84

Multiple Choice

The investing of resources in business activities outside a firm's home country is referred to as:

• A) international trade
• B) domestic direct investment
• C) transnational barter
• D) foreign direct investment
• E) outsourcing

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Definitions:

Globalization

Globalization describes the process by which businesses or other organizations develop international influence or start operating on an international scale.

Exploited

Exploited describes a situation where individuals or groups are taken advantage of unfairly for others' benefit, often under conditions that undermine their rights or dignity.

Modern Economies

Economic systems that are characterized by complex financial markets, significant levels of investment in technology, and interconnected global trade relationships.

Specialized Skills

Abilities or expertise in specific fields that individuals acquire through education, training, or practical experience.