Other Things Equal, Larger Wage Differences Between Nations Tend to Increase

question 32

True/False

Other things equal, larger wage differences between nations tend to increase the flow of immigration toward the country with higher wage opportunities.

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Definitions:

Offeree

In contract law, the person to whom an offer is made.

Illusory Promise

A promise that does not obligate the promisor to anything.

Legally Enforceable Promise

A commitment or agreement that is recognized by law and can be upheld in a court of justice.

Release

In contract law, a promise made by one party agreeing not to sue a second party.