Define global economy by producing manufacturing components

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Question: 1. Why might it be relatively easier for a developing country like India to export service activities through offshoring than to participate in the global economy by producing manufacturing components?

2. It is widely noted that even though China is the favored destination for manufacturing offshoring, it is far behind India in the business of offshored services. What differences between these two countries might account for this observation?

Reference no: EM131478963

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