A corporate bond can be all of the following except: ______

A) an unsecured debenture bond.
B) a negotiable security
C) having a life of five years.
D) preferred stock

D

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Globally, the overall level and rate of growth of merchandise exports exceed those of commercial services.

a. true b. false

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A U.S. company faced with spiraling costs in their customer care center recreated that service in Luxembourg at a fraction of the cost. This is an example of:

A) offshoring. B) forward integration. C) backward integration. D) postponement.

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