Offshoring is an application of:

Name: Offshoring is an application of:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Offshoring is based on the concept of comparative advantage, which suggests that countries should specialize in the production of goods and services that they can produce more efficiently than other countries. By offshoring, a company can take advantage of lower labor costs, access to specific skills and expertise, and other advantages offered by a foreign location.

Offshoring Is an Application Of