Off Shoring

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Off Shoring

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Off Shoring

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Question:
Examine the ethical and social implications of offshoring. In your analysis, be sure to consider the issue from the perspective of both a U.S. employee and a foreign employee. Why might offshoring appeal to a U.S. employer? What impact, if any, do you foresee offshoring having on the future of the U.S. economy? One of our presidential candidates argues that he can bring back jobs to America from Mexico etc. But is that really going to happen?! Companies decide to move for economic reasons (what do you think?!).

Answer:

Off shoring appeal to a U.S. employer as with the help of off shoring unemployment problem does not look negative. Off shoring, outsourcing has created a positive impact on the creation of job in the US (Eckel & Irlacher, 2015).
With the help of off shoring, the rate of inflation decreased and productivity increased. With the increase in productivity, there will be positive impact on the economy. According to the economists it is not possible as the argument is off-base and trade deal will have little impact on jobs (Ebenstein et al., 2014).

References
Ebenstein, A., Harrison, A., McMillan, M., & Phillips, S. (2014). Estimating the impact of trade and offshoring on American workers using the current population surveys. Review of Economics and Statistics, 96(4), 581-595.
Eckel, C., & Irlacher, M. (2015). DP10574 Multi-product Offshoring.

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