A Major Criticism of Offshoring Is That It ________

question 34

Multiple Choice

A major criticism of offshoring is that it ________.

• A)increases production costs
• B)exchanges good jobs for bad jobs
• C)threatens the sovereignty of larger countries
• D)allows companies to avoid payment of any taxes

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Definitions:

Fundamental Analysts

Investment professionals who evaluate securities by analyzing various factors like economic, financial, and other qualitative and quantitative factors.

Technical Analysts

Specialists who use historical price data and chart patterns to predict future market movements and trends.

Price Movements

The fluctuations in the price of securities in the financial markets.

Representativeness Bias

A cognitive bias leading individuals to make judgments about the probability of an event based on how much it resembles their existing stereotypes, rather than based on actual evidence or likelihood.