Asked by Joanna Harrison on May 31, 2024

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Efficiency gains from migration

A) will tend to be greater when workers migrate from nations with high unemployment to nations experiencing full employment.
B) imply that all workers, domestic and migrant, are financially better off as a result of migration.
C) will tend to be greater in countries experiencing "brain drain."
D) usually benefit one nation at the expense of another.

Brain Drain

The phenomenon where individuals with technical skills or knowledge leave their country or area to pursue better opportunities elsewhere.

Efficiency Gains

Improvements that increase the quality, speed, or productivity with which organizations can produce goods or services, often resulting in cost savings.

Full Employment

A situation in an economy where all available labor resources are being used in the most efficient way possible.

  • Evaluate the factors affecting the magnitude of efficiency gains from migration.
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JB
Jacob BucherMay 31, 2024
Final Answer :
A
Explanation :
Efficiency gains from migration are typically greater when workers move from areas of high unemployment, where their skills may not be fully utilized, to areas experiencing full employment, where there is a higher demand for their skills. This maximizes the use of human resources and contributes to economic efficiency. Choices B, C, and D are not universally true and oversimplify the complex impacts of migration.