Highlight the positive impacts of offshoring

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Reference no: EM131073922

Bivens(2005)’s paper argues that studies that highlight the positive impacts of offshoring on the U.S economy mostly ignore the costs associated with the following:

A loss to the U.S economy through terms of trade effects.

Costs associated with income distribution consequences.

Explain each of these losses and how offshoring creates/generates these costs.

Reference no: EM131073922

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