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and India. In this case, India can provide IT services for U.S. companies more efficiently than if the U.S. companies tried to provide it themselves. Countries trade in order to gain from the differences in resources and technology and to take advantage of a countries comparative efficiency. The United States benefits through lower operational costs and the ability and freedom to concentrate on its own comparative advantages and expand into new businesses, while India increases the employment rates of its citizens and receives a positive investment in their economy which allows for substantial economic growth...
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