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Examine Patterns of Global Economic Shifts, Such as Recessions, and Discuss

question 26

Essay

Examine patterns of global economic shifts, such as recessions, and discuss how these may affect global and regional migrant flows. Provide three or four specific, historical examples of these shifting patterns, and consider both push and pull factors in your answer.


Definitions:

Domestic Price

The price of goods or services within a country's domestic market, as opposed to international or export prices.

Free Trade

Worldwide trade unencumbered by tariffs, quotas, or any form of regulatory constraints.

Frederic Bastiat

A French economist and author known for his theories on economics and his advocacy of free markets and limited government.

Economic Theory

A set of principles and concepts that helps in the explanation and prediction of economic phenomena.

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