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Labor Migration Tends to Increase Output and Decrease Wages in the Country

question 13

True/False

Labor migration tends to increase output and decrease wages in the country of immigration while decreasing output and increasing wages in the country of emigration.

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Electronic Offer

A proposal to enter into a contract transmitted through electronic means, such as email or a website form.

Cloud

A technology that allows for the storage and access of data and programs over the internet instead of on a local computer's hard drive.

Crude Oil

A natural, unrefined petroleum product composed of hydrocarbon deposits and other organic materials, used as a fuel and raw material.

Market Price

The current value or cost of a good or service as determined by supply and demand in the open market.

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