Globalization of resource markets has resulted in the business practice of offshoring, which involves

A) only an outflow of jobs away from the U.S.
B) no possible expansion of jobs in the U.S.
C) huge losses to consumers in the U.S.
D) both an outflow as well as an inflow of jobs in the U.S.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often resulting in increased interconnectedness and interdependence.

Offshoring

The relocation of a business process or operation from one country to another, typically for lower costs or other strategic benefits.

Resource Markets

Markets where resources or inputs used to produce goods and services, such as labor, capital, and raw materials, are bought and sold.