Other Things Equal

question 161

Multiple Choice

Other things equal,

• A) workers with higher levels of human capital will tend to migrate to countries providing greater wage opportunities.
• B) workers with lower levels of human capital will tend to migrate to countries providing greater wage opportunities.
• C) smaller wage differences between countries will tend to increase the flow of immigration between countries.
• D) workers with higher levels of human capital will migrate to higher-wage countries regardless of the distance between countries.

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Definitions:

Commercial Allies

Countries or organizations that engage in mutual cooperation to enhance economic growth, trade relations, and business development.

Foreign Allies

Countries that form partnerships or alliances with one another, often for mutual benefit such as defense, security, or economic cooperation.

Union Officers

Military leaders or officials in the Union army during the American Civil War.

Confederacy

A league or alliance, especially of states or groups. Historically, it also refers to the Confederate States of America, a collection of 11 southern states that seceded from the United States in 1860-1861.