Which of the following best describes economists' general assessment of the impacts of offshoring?

A. Offshoring has an overall negative impact on the U.S. economy because of the significant
domestic job losses it causes.
B. Offshoring benefits the U.S. economy by promoting greater specialization and exchange of
goods and services based on comparative advantage.
C. Offshoring provides some cost advantages but generally results in much-lower-quality
goods for consumers.
D. Job losses from offshoring are magnified by job losses in complementary industries.

B. Offshoring benefits the U.S. economy by promoting greater specialization and exchange of
goods and services based on comparative advantage.