An arrangement in which a contractor supplies managerial know-how ...

[Sportsfan2111]

An arrangement in which a contractor supplies managerial know-how to operate a hotel, hospital, airport, or other facility in exchange for compensation is known as offshoring.
 
  Indicate whether the statement is true or false

Question 2

The ________ theory states that countries produce and export goods that require resources available in abundance and import goods that require resources in short supply.
 
  A) new trade
  B) absolute advantage
  C) international product life cycle
  D) factor proportions

[moormoney]

Answer to Question 1

FALSE

Answer to Question 2

D