_____ involves movement of high-wage jobs from one country to lower-cost overseas locations.

Question

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Offshoring involves the movement of high-wage jobs from one country to lower-cost overseas locations, typically to take advantage of lower labor and operating costs. This can include outsourcing tasks to third-party companies or setting up a subsidiary in a foreign country. Insourcing refers to the process of bringing external business functions back in-house, value engineering involves reducing costs while maintaining quality, and leasing refers to the practice of renting or leasing equipment or property rather than purchasing it outright.

_____ Involves Movement of High-Wage Jobs from One Country to Lower-Cost