Which of the following observations about outsourcing is true for the U.S.economy?
A)The U.S.is the smallest international outsourcer in terms of dollar value.
B)About 30 percent of U.S.manufacturing costs were outsourced in 2003.
C)The highest percentage of outsourcing by U.S.businesses in 2003 was to other firms located in the United States.
D)Imports of business services by the U.S.made up around 2.5 percent of gross domestic product in 2003.

Question

Quizplus · Accepted Answer

The highest percentage of outsourcing by U.S. businesses often involves domestic firms, indicating that a significant portion of outsourcing occurs within the country's borders rather than internationally. This trend supports the idea that companies seek efficiency and cost savings, sometimes finding the best solutions locally.

Which of the Following Observations About Outsourcing Is True for the U.S.economy