Worker migration will cause wage rates to equalize across two countries if all of the following conditions are met except that migration is motivated strictly by wage differentials. migration has no cost. both countries use the same currency. neither nation restricts or interferes with migration
Worker migration will cause wage rates to equalize across two countries if all of the following conditions are met except that migration is motivated strictly by wage differentials. migration has no cost. both countries use the same currency. neither nation restricts or interferes with migration
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter12: The American Labor Force
Section: Chapter Questions
Problem 9AA
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Worker migration will cause wage rates to equalize across two countries if all of the following conditions are met except that
migration is motivated strictly by wage differentials.
migration has no cost.
both countries use the same currency.
neither nation restricts or interferes with migration.
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