Indian innovation can reduce the price of US software exports and curtail the wage of the US IT worker.

Question

Quizplus · Accepted Answer

Indian innovation, particularly in the IT industry, has led to the development of cost-effective alternatives to US software exports. This has resulted in a reduction in the prices of software exports from the US, which can negatively impact the wage of US IT workers. Indian innovation and the availability of cheaper labor can help reduce the cost of software exports from the United States and potentially impact the wages of American IT workers who may have to compete with lower-cost labor.

Indian Innovation Can Reduce the Price of US Software Exports