An effect of outsourcing jobs is higher prices for consumers.
Outsourcing jobs
Outsourcing is a practice usually undertaken by companies as a cost-cutting measure. It is a practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees and staff.
Effects of outsourcing jobs
Main negative effect of outsourcing is it increases U.S. unemployment. They keep labor costs low by hiring in emerging markets with lower standards of living.
Thus, an effect of outsourcing jobs is higher prices for consumers.
Learn more here - brainly.com/question/21869572
#SPJ2
