Efficiency Gains from Migration

question 59

Multiple Choice

Efficiency gains from migration

• A) will tend to be greater when workers migrate from nations with high unemployment to nations experiencing full employment.
• B) imply that all workers, domestic and migrant, are financially better off as a result of migration.
• C) will tend to be greater in countries experiencing "brain drain."
• D) usually benefit one nation at the expense of another.

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Definitions:

Total Quality Management

A holistic approach to long-term success that views continuous improvement in all aspects of an organization as a process and not as a short-term goal.

Quality

The degree to which a product, service, or process meets specified standards or user expectations.

Offshoring

Moving operations from the country where a company is headquartered to a country where pay rates are lower but the necessary skills are available.