According to the New International Division of Labour Theory,low-Income Countries

question 139

True/False

According to the new international division of labour theory,low-income countries provide transnational corporations with a situation in which they can pay lower wages and taxes.

---

Definitions:

Breach

The violation or failure to fulfill a duty, obligation, or promise, especially in terms of contract terms.

Warranty

A guarantee provided by the seller or manufacturer concerning the condition of its product, promising to repair or replace it if necessary within a certain period.

Incidental Damages

Compensation for unforeseen damages that occur as a secondary effect of a breach of contract.

Resell

The act of selling an item or asset previously bought, typically for profit.