Due to Its Highly Educated Workforce and Low Labour Costs

question 194

True/False

Due to its highly educated workforce and low labour costs, India has a comparative advantage in software development.

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Definitions:

Incapacity

The lack of physical or mental ability to manage one's own personal or financial affairs.

Confidential Information

Sensitive information not intended for public knowledge, often protected by law or through confidentiality agreements.

Agency Law

A legal doctrine focusing on the relationship between a principal and their agent, including the rights and duties that arise.

Conflicting Duties

Situations where an individual or entity has responsibilities that are at odds with each other, making it difficult to fulfill both.