In the context of international trade, India, China, and the Philippines attract multibillion-dollar investments because:
A) they are more developed than any other developed country in the world.
B) they have a large cohort of technically skilled university graduates who work for about one-fifth the pay of comparable American workers.
C) the value of euro is lower in the Asian market than in the American market.
D) the level of risk associated with establishing business relationships with firms belonging to the Asian market is minimal.

Question

Quizplus · Accepted Answer

These countries have a large pool of technically skilled graduates who are willing to work for lower wages compared to their American counterparts, making them attractive for investment.

In the Context of International Trade, India, China, and the Philippines