With Labor Migration, the Destination Country Experiences

question 38

Multiple Choice

With labor migration, the destination country experiences

• A)an increase in output and a rising wage rate.
• B)an increase in output and a falling wage rate.
• C)a decrease in output and a falling wage rate.
• D)a decrease in output and a rising wage rate.

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Definitions:

Trade

The exchange of goods and services between individuals or entities, often in return for money.

Beneficial

Resulting in a good outcome or advantage.

Government Intervene

Actions taken by a government to influence or directly manage an economy or specific markets, often aiming to correct market failures, redistribute resources, or stabilize the economy.

Market

A place or mechanism where buyers and sellers interact to trade goods, services, or assets, determining prices through supply and demand.