(Answered):International Trade Reply 4 . . . .

Question Description

There are many benefits that are associated with off shoring for countries. Some of these benefits include; cost savings of labor expenses and overall educing the costs associated with business productions. The cost of real estate is lower since most of the off shoring locations offer cheaper costs to purchase land and there is a reduction in staff. There are tax advantages will off shoring especially for overseas companies. There are many negatives that off shoring can bring as well. These can include communication issues, cultural and social barriers, time zone differences, security, loss of intellectual property,