Under What Circumstances Will Immigration Be Most Likely to Equalize

question 97

Multiple Choice

Under what circumstances will immigration be most likely to equalize wage rates across countries?

• A) Immigration laws are strict.
• B) Immigration is costless and unimpeded.
• C) Information about job opportunities is limited.
• D) Skill transferability is low.

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Definitions:

Curse Of Knowledge Effect

A cognitive bias that occurs when someone, knowing something, cannot remember or imagine not knowing it, leading to communication challenges.

Negative Emotion

A feeling that is generally considered to be unpleasant or detrimental, such as sadness, anger, or fear.

Social Norms

Informal understandings that govern the behavior of members of a society or group, dictating what is considered acceptable.

Maintain Confidences

The ethical or professional duty to keep certain information private or secret, not disclosing it to unauthorized individuals or entities.