Reshoring is the act of bringing production closer to markets.

Name: Reshoring is the act of bringing production closer to markets.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Reshoring refers to the process of bringing production back to the country where the goods will be sold, rather than outsourcing or offshoring production to another country. This is done to reduce lead times, transportation costs, and to improve quality control. Therefore, the statement "Reshoring is the act of bringing production closer to markets" is true.

Reshoring Is the Act of Bringing Production Closer to Markets