How will an increase in offshoring affect the demand for
Skilled labor and wages of skilled labor in the home
Country?
A)The demand for skilled labor will increase, but the wages of skilled labor will decrease.
B)The demand for skilled labor and the wages of skilled labor will both decrease.
C)The demand for skilled labor will decrease, but the wages of skilled labor will increase.
D)The demand for skilled labor and the wages of skilled labor will both increase.

Question

Quizplus · Accepted Answer

An increase in offshoring can lead to a higher demand for skilled labor in the home country as companies may need skilled workers to manage and coordinate offshore operations, leading to an increase in wages due to higher demand.

How Will an Increase in Offshoring Affect the Demand for