____ is the process of moving jobs closer to one's home country.
A) Nearshoring
B) Outsourcing
C) Offshoring
D) The Boomerang Effect.

Question

Quizplus · Accepted Answer

Nearshoring refers to the process of relocating business operations or services to a nearby country with the main aim of reducing costs and increasing efficiency while retaining close control over the production process. This strategy is usually adopted by businesses in developed countries with high labor costs looking to exploit the low labor costs and tax benefits offered by nearby or neighboring countries.

____ Is the Process of Moving Jobs Closer to One's