Offshore outsourcing is another term used to describe the act of U.S. firms selling their domestically manufactured goods to foreign customers.

Question

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Offshore outsourcing refers to the practice of a company hiring a third-party service provider from another country to perform business activities that were previously handled in-house or by a domestic firm. It is not related to selling domestically manufactured goods to foreign customers.

Offshore Outsourcing Is Another Term Used to Describe the Act