Offshoring

Offshoring in International Trade

Meaning of Offshoring, according to the Dictionary of International Trade (Global Negotiator): Offshoring occurs, when a company moves all or some of its activities to another country. When the costs of running a company are cheaper in another country, the company may choose to move their activities or offices abroad in order to reduce expenses. As opposite to outsourcing, offshoring requires that the third party being hired to complete a job, will be located in another country. Companies that practice offshoring use International Manufacturing Contracts to produce in low cost countries of Asia and Latin America. See nearshoring; outsourcing.

Hierarchical Display of Offshoring

Business And Competition > Business organisation > Business policy
Business And Competition > Business classification > Type of business > Multinational enterprise
Industry > Industrial structures and policy > Industrial policy > Industrial reorganisation > Industrial conversion
Social Questions > Social affairs > Social policy > Social legislation > Social dumping

Offshoring

Concept of Offshoring

See the dictionary definition of Offshoring.

Characteristics of Offshoring

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Resources

Translation of Offshoring

• Spanish: Deslocalización
• French: Délocalisation
• German: Verlagerung
• Italian: Delocalizzazione
• Portuguese: Deslocalização
• Polish: Delokalizacja

Thesaurus of Offshoring

Business And Competition > Business organisation > Business policy > Offshoring
Business And Competition > Business classification > Type of business > Multinational enterprise > Offshoring
Industry > Industrial structures and policy > Industrial policy > Industrial reorganisation > Industrial conversion > Offshoring
Social Questions > Social affairs > Social policy > Social legislation > Social dumping > Offshoring

See also

• Multinational enterprise
• Industrial conversion
• Social dumping

• Industrial delocalisation
• Relocation of firm
• Delocalisation