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

Multiple Choice

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.