What is off-shoring of white-collar service jobs and how does that practice relate to international trade? Why has off-shoring increased over the past few decades? Give an example of how off-shoring can eliminate some American jobs while creating other American jobs.
Course: Principles of Microeconomics International Economics Goals After completing this module, you will be able to do the following: ⦁ List and discuss several key facts about international trade. ⦁ Define comparative advantage, and demonstrate how specialization and trade add to a nation’s output. ⦁ Describe how differences between world prices and domestic prices prompt […]