Outsourcing: An Ethical Analysis of an International Trade Issue

Abstract

Outsourcing is an efficient way to reduce a company's costs and is often necessary to remain competitive. However, the practice has had its critics. This paper summarizes the outsourcing debate that has been going on in the United States and identifies and discusses some ethical issues that relate to the practice.

Keywords: Outsourcing, ethics, international trade, protectionism, contracting out

JEL Classification: M55, L33, D6, D63, E24, F1, J24, J31