Outsourcing refers to the phenomenon that the US becomes the

Outsourcing refers to

the phenomenon that the U.S. becomes the source for FDI compared to other counties.

the geographic decentralization of the chain of value added.

the process by which firms produce the same good in different countries.

all of the above.

none of the above.

Solution

All of the above options are correct

Outsourcing refers to:

- the phenomenon that the U.S. becomes the source for FDI compared to other countries.

- the geographic decentralization of the value chain.

- the process by which firms produce the same good in different countries.