Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

There is no other link or resource Outsourcing is a global phenomenon with firms pursuing low cost inputs from raw materials to labor.....American firms have

There is no other link or resource

Outsourcing is a global phenomenon with firms pursuing low cost inputs from raw materials to labor.....American firms have production offshore and so have European firms.....with that strategy millions have lost jobs...and outsourcing is blamed.The video on India is interesting Asa a beneficiary of outsourcing they have seen wages increase and opportunity and the middle as well....now that it costs more to operate in India....some firms in software development are sourcing or outsourcing out of India to Vietnam.

1.Having watched globalization is good and Commanding Heights and now this video what are your thoughts on outsourcing.

2.should firms be prevented from outsourcing.

3. How does outsourcing raise your standard of living.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics

Authors: N. Gregory Mankiw, William M. Scarth

5th Canadian Edition

1464168504, 978-1464168505

Students also viewed these Economics questions

Question

Explain the relationship between thoughts, feelings, and actions.

Answered: 1 week ago