Be careful with that argument. Profits are also measured in pennies on the dollar.
I did research looking for a failing company that was going out of business in the USA that was saved by moving off shore.. Couldn't find any. What I fond was a few furniture manufactures in NC that were making very little profit and off shored and started making a tiny bit more. The thing is quality is down.
The lion share of off shored manufacturing was from by already very profitable companies off shoring non union jobs to the third world for a few pennies on the dollar.
Judas Iscariot sold out Jesus for 25 pieces of silver.