Offshoring occurs when a firm in Canada
A)hires foreign labour and produces in other countries.
B)buys finished goods, components, or services from other firms in other countries.
C)hires Canadian labour and produces in Canada.
D)buys finished goods, components, or services from other firms in Canada.
E)both A and B are correct

Question

Quizplus · Accepted Answer

Offshoring involves hiring foreign labor and producing in other countries (choice A) and buying finished goods, components, or services from other firms in other countries (choice B).

Offshoring Occurs When a Firm in Canada