The Figures Given Below Show the Demand (D)and Supply (S)

The figures given below show the demand (D) and supply (S) curves of labor in two different markets.Figure 16.3

-Why are a large number of IT jobs being outsourced to China and India?

A) India and China experience large balance of payment deficits.
B) India and China are highly capital intensive economies.
C) India and China have abundant supply of cheap skilled labor.
D) India and China offers the best working conditions for the employees.
E) India and China experiences balance of payment surpluses.

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