Learning Goal: I'm working on a business project and need support to help me learn.Describe the pay and benefits of a country of your choice. Your only restriction is that you CANNOT use any of the countries (China, USA, Canada, Mexico, Brazil, Germany or India)First part is due in 18hr, the second part is due 2 daysFirst, Answer the following questions about this country:In which world region is the country located? Are health insurance and/or retirement plans part of a universal “social welfare system” of the country? If so, explain how it is funded and who is allowed to participate in the system. If there is not a universal health system, how do citizens of that country obtain health insurance? Are there any legal requirements for companies regarding retirement benefits? How are wages set in this country? Is there a minimum wage? How many paid-days off are required by law (e.g. holiday, vacation, sick days), if any? What is the country’s legal requirements for maternity/paternity leave and extended sick leave? Did you identify any interesting legally required employee benefits in this country? Second, compare your country to one of your teammate’s country in a brief paragraph: how are benefits and wages similar or different between the two countries. Be sure to indicate which country you are using as the comparison (and which team member researched that country).