Because There Are Costs to Migration

question 11

Multiple Choice

Because there are costs to migration,

• A)complete wage equalization is unlikely to occur, even if national governments impose no restrictions on migration.
• B)migrants are more likely to move to countries far from their origin nation.
• C)migrant and domestic-born workers are unlikely to be substitute resources.
• D)wage equalization will only occur if migrant and domestic-born workers are complementary resources.

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Definitions:

Positional Negotiation

A negotiation strategy where one party takes a fixed position, arguing for it and making concessions only as necessary to close the deal.

Interest-Based Negotiation

A negotiation strategy focused on the underlying interests, needs, or desires of the parties involved, rather than on predetermined positions or demands.

Selling Price

Selling price is the amount of money for which a product or service is sold to the consumer.

Interest-Based Negotiation

A negotiation strategy focusing on the underlying interests of the parties involved rather than their initial positions.