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India and the Philippines Consistently Attract Sizable Amounts of Foreign

Question 55

Multiple Choice

India and the Philippines consistently attract sizable amounts of foreign investment for services performed in the domestic market and sold internationally. The main reason for this foreign interest is that:


A) they have outstanding infrastructure, with world­class transportation and power supply facilities.
B) they have large numbers of highly educated workers who are paid much less than American workers.
C) the dollar's value is lower in the Asian market than in the American market.
D) the average income of consumers in these countries is among the highest in the world.

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