Moving Production Related Operations from Foreign Countries Back to Domestic

question 38

Multiple Choice

Moving production related operations from foreign countries back to domestic locations is called

• A)reverse globalization.
• B)inverse trade agreements.
• C)The Nationalization of trade movement.
• D)None of these answer choices is correct.

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Definitions:

Supplier's Invoice

A document issued by a vendor to a purchaser that details the products or services sold, their quantities, and their prices.

Credit Memo

A document issued by a seller to a buyer, reducing the amount the buyer owes to the seller under previous transactions.

Insufficient Funds

Insufficient funds occur when an account does not have enough money available to cover a payment or a withdrawal, leading to a failed transaction.

Remittance Advice

A document sent by a customer to a supplier, notifying the supplier that an invoice has been paid, usually accompanying the payment.