Which of the Following Is True of Transnational Labor Migration

question 51

Multiple Choice

Which of the following is true of transnational labor migration?

• A) Countries that produce the largest numbers of refugees also tend to produce the largest numbers of labor migrants.
• B) Labor migrants rarely possess any job skills or education and so cannot secure good jobs after they migrate.
• C) Labor migration tends to damage the economies of both the country of origin and the country of destination.
• D) Most migrants plan to return to their home country after a period of employment, but few actually do return.

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Definitions:

Safety Stock

An inventory buffer to prevent stockouts, typically held to account for variability in demand or supply.

EOQ Model

Economic Order Quantity Model; an inventory management formula that determines the optimal order quantity to minimize total inventory costs.

Collection Policy

The guidelines and procedures that a company follows to collect accounts receivables from its customers, including the timeline and actions for overdue payments.

Average Collection Period

The average number of days it takes for a company to receive payments owed by its customers, indicating the efficiency of a company's credit and collection policies.