Offshoring often results from:

Question

Quizplus · Accepted Answer

Offshoring typically arises from a change in comparative advantage. This means that factors such as differences in labor costs, productivity levels, and technological capabilities between countries lead firms to relocate some of their business operations overseas to take advantage of these differences. It is not necessarily a result of diminished human capital of American workers or overly restrictive trade policies, nor is it typically driven by a desire to help workers in low-income economies.

Offshoring Often Results From