The Large­scale Labor Migration That Occurred During

question 116

Multiple Choice

The large­scale labor migration that occurred during
1870 to 1913 from Europe to America ____ wages in
The destination nations and ____ wages in the source
Nations, thus leading to _____ of wages between the
Regions.

• A)lowered; raised; convergence
• B)raised; raised; divergence
• C)lowered; lowered; divergence
• D)raised; lowered; convergence

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Definitions:

Requirement Contracts

Contracts in which a buyer agrees to purchase a specific quantity of goods or services from a seller over a set period, often with agreed-upon terms and prices.

Per Se Illegal

Describes actions or behaviors that are considered illegal in and of themselves, without needing further examination of their context or effects.

Price Fixing

An illegal agreement between participants on the same side in a market to buy or sell a product, service, or commodity only at a fixed price or maintain the market conditions so that the price is maintained at a given level by controlling supply and demand.

Tying Arrangement

A sales strategy where a seller requires a buyer to purchase a secondary product as a condition of purchasing a desired primary product.