The substitution of cheaper foreign labor for domestic labor is called:

Question

Quizplus · Accepted Answer

Offshoring is the practice of a company hiring foreign workers instead of domestic ones, often for lower wages, which can lead to the displacement of domestic workers. The other options, such as transnationalism and multinationalism, do not specifically refer to the substitution of foreign labor for domestic labor. Deficit manufacturing and offhandling are not commonly used terms in relation to this topic.

The Substitution of Cheaper Foreign Labor for Domestic Labor Is