Outsourcing is being practiced by

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Outsourcing is primarily practiced by overseas firms hiring in the U.S. labor market and by U.S. firms hiring in foreign labor markets with lower wages. This is because outsourcing allows companies to save costs and increase efficiency by taking advantage of lower labor costs in other countries. Some U.S. firms also outsource certain functions to offshore locations to reduce operational costs. However, outsourcing is not limited to U.S. firms only as companies from other countries also outsource work to U.S. firms to take advantage of U.S. expertise and technology.

Outsourcing Is Being Practiced by