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Why Are Services Typically Cheaper in Developing Countries Than in the Developed

Question 85

Multiple Choice

Why are services typically cheaper in developing countries than in the developed world?


A) Wages are lower in developing countries.
B) Immigration laws prevent the free movement of labor from developing to developed countries.
C) Consumers in developed countries typically have more purchasing power than consumers in developing countries and bid up the price of services.
D) Each of these answers is correct.

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