Why labour-based competitive advantages of India and Singapore cannot be sustained in IT and service sectors?
A. Due to diminishing levels of skill.
B. Due to capital-intensive technology making inroads.
C. Because of new competitors.
D. Because of shifting of labour-based advantage in manufacturing industries.
Answer:C
Why labour-based competitive advantages of India and Singapore cannot be sustained in IT and service sectors?
A. Due to diminishing levels of skill. B. Due to capital-intensive technology making inroads. C. Because of new competitors. D. Because of shifting of labour-based advantage in manufacturing industries.