Asked by Samantha Ortiz on Apr 25, 2024
Verified
With labor migration, the country of origin experiences
A) an increase in output and a rising wage rate.
B) an increase in output and a falling wage rate.
C) a decrease in output and a falling wage rate.
D) a decrease in output and a rising wage rate.
Country of Origin
The country where goods were manufactured or produced, which can influence consumer perceptions and regulatory standards.
Labor Migration
The movement of workers from one area to another, often from one country to another, in search of better employment opportunities and living conditions.
- Assess the consequences of labor mobility on wage levels and economic output in the countries of departure and arrival.
Verified Answer
AC
Anthony Carrillo8 days ago
Final Answer :
D
Explanation :
Labor migration typically results in a decrease in the labor force in the country of origin, which can lead to a decrease in output due to less labor being available for production. With fewer workers available, the wage rate may rise as employers compete for the remaining workforce.
Learning Objectives
- Assess the consequences of labor mobility on wage levels and economic output in the countries of departure and arrival.
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