Offshoring of unskilled workers from the home country to a foreign country will cause?

1 answer:

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Offshoring of unskilled workers from the home country to a foreign country will cause an increase in the wages for skilled workers in the home country.

<h3>What is the objective of Offshoring?</h3>

Offshoring is the process of moving a company's operations or ownership of a full business process to a nation other than the one where the business is based.

When unskilled workers are offshored to a foreign country from their home country it causes an increase in the wages of skilled workers in the home country due to an increase in the demand for the workers in the country.

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<h3>What is Aggregate Demand?</h3>

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