When an American Accounting Firm Sends Some of Its Tax

question 215

Multiple Choice

When an American accounting firm sends some of its tax work to India to take advantage of lower wages, this is called _____.

• A) skill transfer
• B) task transfer
• C) knowledge transfer
• D) tax movement
• E) source relaying

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Definitions:

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded by consumers.

Number Of Consumers

The total count of individuals in the market willing to purchase a particular good or service.

Clone

In biotechnology, it refers to an organism, cell, or piece of genetic material that is genetically identical to the one from which it was derived; in computing, it describes a replica or copy of a product, software, or hardware.

Price Elasticity

The responsiveness of the quantity demanded of a good or service to a change in its price.