Necessity goods are more likely to be produced offshore, thus needing to be imported, than luxury goods.

Name: Necessity goods are more likely to be produced offshore, thus needing to be imported, than luxury goods.
Brand: Quizplus
Rating: 4.9 (57 reviews)

Question

Quizplus · Accepted Answer

Necessity goods, such as basic food items and clothing, are often produced both domestically and internationally, but luxury goods are more likely to be produced offshore due to specialized labor, materials, or cost advantages and then imported.

Necessity Goods Are More Likely to Be Produced Offshore, Thus