The factor-price equalization theorem indicates that laborers will end up earning the same wage rate in all countries only if the laborers are allowed to migrate between countries. True or False
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The factor-price equalization theorem indicates that laborers will end up earning the same wage rate in all countries only if the laborers are allowed to migrate between countries.
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- True or False. Research indicates that immigration causes large decreases in the average American wage.Suppose a worker with an annual discount rate of 10 percent currently resides in Pennsylvania and is deciding whether to remain there or to move to Illinois. There are three work periods left in the life cycle. If the worker remains in Pennsylvania, he will earn $20,000 per year in each of the three periods. If the worker moves to Illinois, he will earn $22,000 in each of the three periods. What is the highest cost of migration that a worker is willing to incur and still make the move?Suppose a worker with an annual discount rate of 8 percent currently resides in Chicago and is deciding whether to remain there or to move to Phoenix. There are three work periods left in the life cycle. If the worker remains in Chicago, he will earn $40,000 in each of the three periods. If the worker moves to Phoenix, he will earn $43,500 in each of the three periods. What is the highest cost of migration that a worker is willing to incur and still make the move?
- According to the factor price equalization theorem a. Trade will result in a convergence of factor prices across borders b. Trade is a substitute for labor migration c. If factor prices are not equal then firms will adjust production techniques d. If factor prices are not equal then factors will migrate across bordersDescribe the marketing effect of migration.[item no.4] (Multiple Choice) Which among the following is an example of involuntary migration? a. Africans migrated because of war and hunger b. Asians were forced to move out of Uganda by Idi Amin in the 1970s.
- If temporary workers are allowed to apply for permanent residency after one year of work, how will this impact other new immigrants who may have less experience in Canadian workplaces?As a result of preferences given to skilled workers by many countries, source countries are most likely to implement their own immigration quota system. encounter shortages of talented professionals. try to attract skilled professionals from other countries. prohibit emigration and foreign travel among their citizens. initiate worker training programs.Downgrading refers to a situation where: a. downward statistical biases in the effects of immigration on relative wages exist. b. downward statistical biases in the effects of immigration on native employment exist. c. adjustments must be made to relative wage parameters due to differences in the total compensation paid to immigrants relative to native workers. d. the wage or occupation of immigrants in the labor market is systematically lower than those of natives with the same observed education and experience levels.
- Explain which push and pull factors apply to the following groups of immigrants: work-based migrants; foreign students; family-based migrants; refugees and asylum seekers; and victims of human trafficking.Income taxes can affect immigration selection. Suppose the destination country has a more progressive tax structure than the origin country. How would this affect selection if the countries have similar returns to skill? What if the destination has a higher return to skill than the origin?Show that the competitive labor market compensates workers for the probability that they will be laid off.
