A flag of convenience is ________.
A)the declaration that a product is made in a country that has easier legal access to a given foreign market
B)a designation for products originating within a particular trading group
C)the registration of a ship by a shipping company in a country that charges low taxes
D)the indication that a shipping organization can sail in international waters

Question

Quizplus · Accepted Answer

A flag of convenience is the registration of a ship by a shipping company in a country that charges low taxes. This allows the company to operate under the laws and regulations of that country, which may be more lenient or less expensive, rather than the country where the company is based.

A Flag of Convenience Is ________