Worker migration will cause wage rates to equalize across two countries if all of the following conditions are met except that

A) migration is motivated strictly by wage differentials.
B) neither nation restricts or interferes with migration.
C) both countries use the same currency.
D) migration has no cost.

When open systems work well, they create a value chain.

Details of the division of partnership income should normally be disclosed in the financial statements.

When a member of a limited liability company guarantees payment of a loan to the firm, the member is personally liable for the obligation.

The main driver of economic immigration is the opportunity to improve earnings and living standards.