It is in fact the same from the economic point if view.
You are replacing labor input with capital input, whether it's buying a machine or offshoring the work. Workers offshore can be thought of as a machine.
Not that it's bad either way! But the labor economics are the same.
You are replacing labor input with capital input, whether it's buying a machine or offshoring the work. Workers offshore can be thought of as a machine.
Not that it's bad either way! But the labor economics are the same.