The Impact of Outsourcing on the Economy

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Across
  1. 4. The General Agreement on Tariffs and Trade’s successor which oversees trade agreements and rules on trade disputes between member nations.
  2. 5. A 1993 agreement establishing, over a 15-year period, a free-trade zone composed of Canada, Mexico, and the United States.
  3. 11. The closely linked big topic to outsourcing that affects money earned in the U.S. leaving the country.
  4. 12. Most times, ____-skill jobs are outsourced.
  5. 13. The international agreement reached in 1947 in which 23 nations agreed to 1. give equal and nondiscriminatory trade treatment for all member nations, 2. reduce tariffs by multilateral negotiation and 3. eliminate import quotas.
  6. 14. The first commercially successful introduction of a new product, the use of a new method of production, or the creation of a new form of business organization.
  7. 15. International ________ leads to "survival of the fittest" mentality.
  8. 16. One of the pros of outsourcing is that it frees up management time, to allow workers to focus on ______ activities.
Down
  1. 1. Secretary Solis says investment in ______ Jobs and healthcare careers are examples of two areas where jobs are least likely to be outsourced.
  2. 2. The practice of shifting work previously done by American workers to workers located abroad.
  3. 3. A U.S. law passed in 2002 that provides cash assistance, education and training benefits, health care subsidies, and wage subsidies (for persons age 50 or older) to workers displaced by imports or relocations of U.S. plants to other countries.
  4. 6. The degree of offshorability of a Category I occupation (no spaces)
  5. 7. The most dramatic example of a regional free-trade zone that has eliminated quotas and tariffs among its member nations.
  6. 8. One of the cons of outsourcing is that there is a high risk of exposing ___________ data.
  7. 9. Deputy Secretary Harris: "As the President proclaimed in his State of the Union address, America needs an economy that is built to last, and American __________ is central to our success."
  8. 10. The nations of the European Union that use the euro as their common currency.