What is the definition of low-cost countries (LCC)?
A. The poorest nations with unstable political regimes, high unemployment, and unskilled workers
B. Countries with cheap labor that are becoming the manufacturing and service providers for multinational companies
C. Nations that have substantial per capita GDP and international trade
D. Countries where the companies are converted to private ownership
Answer:B
What is the definition of low-cost countries (LCC)?
A. The poorest nations with unstable political regimes, high unemployment, and unskilled workers B. Countries with cheap labor that are becoming the manufacturing and service providers for multinational companies C. Nations that have substantial per capita GDP and international trade D. Countries where the companies are converted to private ownership