Asked by Colton Weatherwax on May 03, 2024
Verified
If all nations prohibited the international migration of labor, we would expect world output to decline.
International Migration
The movement of individuals across national borders for the purpose of settling in a new country, either temporarily or permanently.
World Output
The total value of all goods and services produced across the globe.
- Understand the impact of labor migration on world output and economies of involved countries.
Verified Answer
RT
Riddim TingsMay 09, 2024
Final Answer :
True
Explanation :
Restricting the international migration of labor limits the efficient allocation of workers to their most productive uses across countries, potentially leading to a decrease in overall world output due to less optimal employment of the global workforce.
Learning Objectives
- Understand the impact of labor migration on world output and economies of involved countries.
Related questions
The Simple Immigration Model Suggests That Labor Migration Raises the ...
An Increase in the Mobility of Labor Across Nations Tends ...
With Labor Migration, the Country of Origin Experiences ...
With Labor Migration, the Destination Country Experiences ...
In the Destination Country, Who Tends to Lose from Labor ...