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QuizMultiple Choice

The Contemporary Global Economy — Quiz

Question 1 • Principles of American Democracy

Which is the best definition of the term outsource ?

Answer
A
the use of foreign resources instead of domestic resources
B
an economic activity without major restrictions
C
a hiring process by a company that does business in two or more nations
D
the trend toward a world that is more interconnected by technology, trade, and travel

Explanation

To outsource means to obtain goods or services from an outside source rather than produce them within the organization. In this question, the best match is using foreign resources instead of domestic resources. The other choices describe free trade, multinational hiring, and globalization.

AI-written and checked against the verified answer.

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