Assignment 1 Task
Offshoring is the shifting of production or services to a foreign country and has been a controversial issue over the last twenty years, a new trend of ‘reshoring’ that is returning work back to the home country is now taking place.
Critically evaluate whether you consider offshoring has been of benefit to society and is ‘reshoring’ a correction to offshoring or a reaction to a change in circumstances and a rethinking of strategy by companies.
You may commence with a brief survey of offshoring and how this links with globalisation.
The major part of your report must critically evaluate the rationale of offshoring and ‘reshoring’ you should consider the arguments for and against. You should also consider how international trade theory and government influence on trade relates to this movement of production and services abroad and then in some cases returns to the home country.
The format should be a report and you must not exceed 1500 words.
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