The Term offshoring Means

question 96

Multiple Choice

The term offshoring means:

• A) purchasing component parts or services from domestic suppliers.
• B) operating offshore oil rigs that are in international waters.
• C) banking activities in money laundering countries.
• D) operating a facility in another nation that produces component parts or services.

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Definitions:

Conspiracy Doctrine

A legal principle historically used to treat collective action by workers, such as organizing or striking, as a criminal conspiracy.

Free Market System

An economic system based on supply and demand with little or no government control, where prices for goods and services are determined in a free price system.

Illegal Conspiracy

An unlawful plan by two or more parties to commit a criminal act or to achieve an illegal end.

Massachusetts Supreme Court

The highest court in the Commonwealth of Massachusetts, responsible for interpreting and applying the law.