Suppose That Labor Is Mobile Between Countries a and B

question 82

Multiple Choice

Suppose that labor is mobile between countries A and B.If the relative demand for goods rises in country A,then labor can flow from ______________.It may be possible in this situation for countries A and B to __________________ which would help to___________________.

• A) country A to country B; fix the exchange rate between the two countries (or have a common currency); eliminate the risks associated with having a flexible exchange rate.
• B) country B to country A; impose trade restrictions upon one another; increase employment in country A
• C) country B to country A; fix the exchange rate between the two countries (or have a common currency); eliminate the risks associated with having a flexible exchange rate
• D) country A to country B; adopt flexible exchange rates; reduce the risk of exchange rate fluctuations

Grasp the legal concepts surrounding the lack of motive in criminal convictions and corporate criminal liability.

Analyze the legal ramifications of crimes involving coercion, such as blackmail or extortion.

Understand the legal standards and challenges in proving crimes that involve indirect harm or lack of direct action.

Understand the concept of Alternative Dispute Resolution (ADR) and its importance in the legal system.

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Definitions:

Wage Rate

The pay a worker gets for each unit of time or output produced.

Power Cords

Electrical cables specifically designed to connect an appliance or device to the main electricity supply, enabling it to operate.

Median Earnings

The middle value of income distribution, where half of the population earns more and half earns less.

Labor Market

The supply and demand for labor, where employers seek to hire workers, and individuals offer their work for wages.