India Has a Comparative Advantage in Service Export for

question 63

Multiple Choice

India has a comparative advantage in service export for
All the following reasons EXCEPT:

• A)India has a large number people who are educated and conversant in English.
• B)India is 12 hours ahead of Eastern Standard Time, which makes it easier to offshore some jobs.
• C)Service sector jobs do not require massive infrastructure investment.
• D)Indians are closer to Americans for historical reasons, and hence the two countries like to trade with
• Each other.

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Definitions:

Separate Returns

Tax returns filed by married individuals choosing not to file a joint tax return with their spouse, often detailing their own income, deductions, and liabilities.

Multiple Support Agreement

An agreement where two or more individuals provide more than half of a person's support, but no single individual contributes over 50%, allowing them to take turns claiming the dependent on their taxes under certain conditions.

Forms 2120

A designation that may be an error or specific to a niche application; without context, it's unclear, treating as potential error so, NO.

Tax Return

The form filed with a tax authority that reports income, expenses, and other pertinent tax information. Taxes payable or refundable are also determined through this document.