The cost associated with a project in a foreign country involves not only the labor rates but also:

Question

Quizplus · Accepted Answer

Legal restrictions on labor in the country where the project will take place can affect the cost of the project, especially if the restrictions affect the availability or cost of labor. Other factors such as project duration, sunk costs, and employment policies may also be relevant, but they are not directly related to the cost of labor in a specific geographic location.

The Cost Associated with a Project in a Foreign Country