Q2: In a world with two countries where country ALPHA is poor and BETA is rich with more highlyskilled workers. Using diagrams, discuss and illustrate the market and welfare effects of the following:a) Using diagrams, illustrate & explain a situation where there is no incentive to migrate.b) Modify the diagrams in (a) to discuss what would happen if the Demand for Labour in ALPHAdecreased substantially?c) Modify the diagrams in (a) to discuss the effects of a decline in labour participation in BETA country.

Demand of labor is governed by the marginal revenue product (MRPL). It slopes downward as the firms…

Answered: Q2: In a world with two countries where…

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter17: Development Economics

Section: Chapter Questions

Problem 15E

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Kuwait, among other gulf countries, is implementing a national program aimed at the gradual replacement of non-Kuwaitis by Kuwaitis over the next years. Around half a million Egyptians are currently working in Kuwait, most of them are males. a) Discuss and illustrate graphically the impact of this program of Kuwaitization, if successfully implemented, on the labour market outcomes in Egypt? b) What are the suggested policies that should be implemented by the government to respond to this labour market challenge?
1) Using the most recent Occupational Employment Statistics located at the US bureau of labor statistics determine: a. Which five (5) occupations have the highest wage growth? Do you think these occupations could be offshored? b. Which five (5) occupations have the lowest wage growth? Do you think these occupations could be offshored? 2) Using the International Trade and Market Access Data located at the World trade organization stats dashboard: Identify three (5) countries with high average tariffs. Are the countries large or small? What might explain the high tariffs in these countries?
1) Using the most recent Occupational Employment Statistics located at the US bureau of labor statistics determine: a.Which five (5) occupations have the highest wage growth? Do you think these occupations could be offshored? b.Which five (5) occupations have the lowest wage growth? Do you think these occupations could be offshored? 2) Using the International Trade and Market Access Data located at the World trade organization stats dashboard: Identify three (5) countries with high average tariffs. Are the countries large or small? What might explain the high tariffs in these countries?
You work for a Nova Scotia Company trying to successfully enter the cranberry market in Australia.create an analysis on the entry country (Australia) based on the following; In the entry country, how is a family defined? Does the entry country focus mostly on the nuclear family or is an extended family important in day to day living? How are citizens educated? What are the literacy rates in the entry country? Is there a social class structure?
Help me understand this experiemental economics question: To study if there is gender discrimination in labour markets a researcher sends out 4000 job applications for two kinds of positions advertised by the same international company: copyediting and computer programming. (Hint: The company may have stereotypes about who would be an ideal candidate for the two jobs. Copyediting may be female stereotyped and computer programming may be male stereotyped.) Draw a full factorial design table for this experiment. What are the outcome variables from this experiment? Identify at least two hypotheses you would be able to test with this experiment. Present the results you would expect to find graphically.
How might the output and income gains from immigration shown by the simple immigration model be affected by (a) unemployment in the originating nation, (b) remittances by immigrants to the home country, and (c) backflows of migrants to the home country?
Text Countries of the Gulf Cooperation Council (GCC) have grown dependent on the migrant workforce to fuel their economic growth, with 35 million foreign migrants living in the GCC in 2019, according to the United Nations UN. In recent years, policymakers of the GCC countries have grown wary of this increased dependence and have launched efforts to nationalize their workforce in an attempt to rectify the structural labour imbalances that have developed over the last few decades. In particular, many GCC leaders are worried about social stability and have sought to address the high rates of unemployment among citizens, the education systems that fail to provide the skills and competencies required by the private sector, the striking gender imbalance in the workforce, and the low levels of private-sector employment among citizens. These efforts at nationalizing the workforce have intensified in response to the recent COVID- 19 crisis and the resulting plunge in oil prices and economic…
Which of the following is NOT an outcome of import substitution policy for South Africa in the long - run? Can the outcomes be different in the short and the long - run? Justify your answer using the Prebish - Singer hypothesis. a) Increased economic growth b) Reduced reliance on imports c) Export Promotion, exporting more primary commodities d) Improved trade balance
It is important to consider multiple perspectives on this issue. From an economic standpoint, proponents of free trade argue that competition, even if it comes from low-wage countries, can benefit consumers by providing access to cheaper goods and a wider variety of products. This can lead to increased purchasing power and a higher standard of living for consumers. In terms of the interests of the people represented by unions, their primary concern is often job protection and ensuring favorable working conditions. Unions may believe that restricting imports or advocating for trade barriers is necessary to safeguard jobs and maintain higher wages for their members. They may argue that protecting domestic industries from foreign competition is crucial for preserving employment opportunities and supporting local economies. Assessing the best interests of the people and the country as a whole is subjective and can vary depending on various factors such as the specific industry, the overall…
Using a production possibilities frontier (PPF) diagram, determine how does the PPF change in response to the events describe below.Make sure to explicitly indicate what sectors you are representing, and what sort of assumptions each event implies (i.e., a neutral effect vs a sector-biased effect). The latter follows from your assumptions on the factor intensity of the sector you are representing. a) A relaxation of policies allowing more foreign direct investment into the country. b) Increasing the minimum wage level. c) A decrease in expenditure on research and development. d) An increase in the retirement age. e) Government policies supporting the provision of services, without affecting manufacturing.
At the start of this unit, we discussed the decision by many clothing companies to outsource production to Bangladesh and other low-wage economies. Show your results in a single diagram. 1. Draw the best response curve of the workers in the high-wage home country in the absence of outsourcing (with the wage on the horizontal axis, and effort on the vertical axis). 2. In the same diagram show the best response curve of workers in the foreign low-wage country in the absence of outsourcing. (Assume that wages are measured in dollars in both cases.) 3. Show in your diagram what the home country employer will pay home country workers if outsourcing is not possible. 4. Show in your diagram what the home country employer will pay workers in the low- wage country if it switches production there (ignore the costs of moving production). 5. Now assume that outsourcing is possible and is widely practiced by many firms in the clothing industry. Show the best response function for home country…
Part D

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