Outsourcing refers to subcontracting jobs to foreign companies. This allows companies to take advantage of lower labor costs and other benefits in other countries. It is a common practice in industries such as technology, manufacturing, and customer service. It is controversial as it can result in job losses in the home country, but it can also bring benefits such as increased efficiency and cost savings.

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Outsourcing

Question 161

Multiple Choice

Outsourcing

A) is subcontracting jobs to American companies.
B) is subcontracting jobs to foreign companies.
C) has benefited American workers.
D) is relegated to industry in which the U.S. trades with Japan.
E) is less likely in free trade industries.

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