Asked by Avery Villa on May 09, 2024

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An increase in the mobility of labor across nations tends to decrease the world's output of goods and services.

Mobility of Labor

The ability and willingness of workers to relocate in order to find employment, influencing the flexibility and efficiency of labor markets.

World's Output

The total production of goods and services provided by countries around the globe within a specific timeframe.

  • Fathom the consequences of workforce mobility on international production levels and the economic status of affected countries.
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Sarthak BasnetMay 14, 2024
Final Answer :
False
Explanation :
An increase in the mobility of labor across nations allows for a more efficient allocation of resources, matching workers with the jobs where they can be most productive, which tends to increase the world's output of goods and services.