Foreign Outsourcing of Goods and Services对外商品和服务外包.pptVIP

FOREIGN OUTSOURCING OF GOODS AND SERVICES Introduction The provision of services or the production of various parts of a good in different countries that are then used or assembled into a final good in another location is called foreign outsourcing, or simply outsourcing. Trade in intermediate inputs, which can cross borders several times before being incorporated into a final good. It is a relatively new phenomenon which arose with the decline in the costs of transportation and communication Introduction Is outsourcing different from the type of trade we studied in the Ricardian and Heckscher