When a firm implements offshore outsourcing, consumers in Canada _______, workers in Canada in the industry that is being outsourced _______ and workers in the foreign country in the industry that is being outsourced _______.

Question

Quizplus · Accepted Answer

When a firm implements offshore outsourcing, consumers in Canada gain due to potentially lower prices or better value for products and services. Workers in Canada in the industry that is being outsourced lose because of job displacement or reduced wages due to competition. Workers in the foreign country in the industry that is being outsourced gain from new job opportunities and economic growth.

When a Firm Implements Offshore Outsourcing, Consumers in Canada _______