Offshoring takes jobs away from the United States because companies do what?

A. Increase their imports and reduce their exports, leading to a large trade deficit

B. Shift their manufacturing activities to foreign countries with lower labor costs

C. Increase prices, which undermines consumer purchasing power

D. Lose money in the currency exchange market as they buy currencies to pay foreign investors

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26 May, 18:52

Offshoring takes jobs away from the United States because companies do what?

A. Increase their imports and reduce their exports, leading to a large trade deficit

B. Shift their manufacturing activities to foreign countries with lower labor costs

C. Increase prices, which undermines consumer purchasing power

D. Lose money in the currency exchange market as they buy currencies to pay foreign investors

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Noel · Answer 1

The correct answer for the question that is being presented above is this one: "D. Lose money in the currency exchange market as they buy currencies to pay foreign investors." Offshoring takes jobs away from the United States because companies lose money in the currency exchange market as they buy currencies to pay foreign investors