Question $2$

$20pts$

Offshoring is a supply chain strategy that involves moving processes to another country. Which of the following statements related to offshoring is true?

All of the above

Firms can reduce the logistical costs of delivering products to international customers by offshoring

Offshoring may not be the best choice, even if local labor wages far exceed those of other countries

Firms can reduce labor costs by outsourcing processes to low labor$-$cost countries

Firms can avoid tariffs by manufacturing the products in other countries rather than exporting them