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In: Economics

Outsourcing refers to the transfer of manufacturing and other tasks to countries where labour and supplies...

Outsourcing refers to the transfer of manufacturing and other tasks to countries where labour and supplies are less expensive.

Ture or false

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Expert Solution

True, outsourcing and offshoring refers to shifting manufacturing and other tasks to nations where labor price in the market are low. The given statement is True.

Rahul Sunny answered 2 years ago
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