Final answer:
Offshoring is common in the service sector, including banking, software code writing, legal services, and customer-service activities.
Step-by-step explanation:
True
Offshoring is common in the service sector, including banking, software code writing, legal services, and customer-service activities. This involves moving some of a company's operations overseas to access cheaper labor markets. The practice of offshoring has become prevalent due to globalization, trade agreements, and the availability of skilled workers in countries with lower labor costs.