Asked by Jesus Gonzalez Jauregui on May 05, 2024
Verified
The voluntary relocation of employable migrants from low-paying nations to high-paying nations reduces
A) wage rate disparities among nations.
B) business or capitalist income in the world.
C) labor productivity in the world.
D) total wage income in the world.
Wage Rate Disparities
The differences in wages paid to workers in different occupations, industries, regions, or demographic groups, often reflecting inequalities.
Employable Migrants
Refer to individuals who have migrated from their country of origin and possess the skills, qualifications, and abilities to gain employment in the new country.
High-Paying Nations
Countries where the average salary levels are significantly higher than the global average.
- Analyze the effect of migration on wage gaps and job availability worldwide.
Verified Answer
Learning Objectives
- Analyze the effect of migration on wage gaps and job availability worldwide.
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