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Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364

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BuyFindarrow_forward

Principles of Economics 2e

2nd Edition
Steven A. Greenlaw; David Shapiro
ISBN: 9781947172364
Textbook Problem

If all countries eliminated all barriers to immigration, would global economic growth increase? Why or why not?

To determine

The impact on the global economic growth on eliminating all barriers to immigration by all countries is to be determined.

Explanation

The impact will be negative i.e. there will be no increase in the global growth in eliminating immigration barriers by all countries as it will lead to imbalance in the resources in economy. This will also create a situation of unemployment in the countries as the immigration will lead to fa...

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