Because There Are Costs to Migration

question 82

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:

Mining Exploration

The process of searching for minerals or precious metals in the earth's surface, involving geophysical, geochemical, and geological methods.

Intangible Asset

An asset lacking physical substance but offering economic benefits to its owner, such as patents, copyrights, and trademarks.

Capitalised

Expenses or costs that are added to the value of an asset, instead of being treated as an expense in the period they were incurred.

Fair Value

An estimated market price of an asset or liability, reflecting the amount for which it could be exchanged between knowledgeable and willing parties in an arm's length transaction.