What Goes Abroad Usually Comes Back, With Benefits
There has been a lot of talk about the negative effects of outsourcing, but some are pointing out that this phenomenon generates benefits as well. Outsourcing causes very visible job losses for some Americans but the benefits it brings may be harder to identify. Money sent abroad tends to come back in order to buy domestic goods and services, thereby generating domestic employment.
See "What Goes Abroad Usually Comes Back, With Benefits", Hal R. Varian, The New York Times, March 10, 2004