The Process of Countries Becoming More Open to Foreign Trade

question 179

True/False

The process of countries becoming more open to foreign trade and investment is known as outsourcing.

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Definitions:

General Fund

The primary operating fund of a governmental entity, covering most basic governmental functions and activities.

Endowment Fund

A financial asset donation made to an institution that uses the resulting investment income for a specific purpose.

Bequest

A gift of personal property by means of a will.

Beneficiaries

Individuals or entities entitled to benefits or proceeds from a will, insurance policy, trust, or other financial instruments.