Exporting jobs from developed to less developed countries is known as _____.
A)insourcing
B)offshoring
C)reshoring
D)onshoring
E)homesourcing

Name: Exporting jobs from developed to less developed countries is known as _____. A)insourcing B)offshoring C)reshoring D)onshoring E)homesourcing
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Question

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Offshoring refers to the exporting of jobs from developed countries, such as the United States, to countries where labor and other costs are lower. The main reason for this is labor costs.

Exporting Jobs from Developed to Less Developed Countries Is Known