Asked by Elizabeth Collado on Mar 10, 2024

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Increased capital mobility means there is less need to move jobs internationally.

Capital Mobility

The ease with which financial assets or capital can move between countries without barriers, affecting investments and economic policies.

  • Learn about the role of capital mobility in job relocation and the international movement of labor.
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HH
hunter hatsavongsa

Mar 10, 2024

Final Answer :
False
Explanation :
Increased capital mobility means that capital can flow more freely across borders, but it does not necessarily mean that jobs will stay in one location. In fact, some argue that increased capital mobility can lead to outsourcing and job displacement as companies seek to reduce costs by moving operations to countries with lower labor costs. Thus, there may still be a need to move jobs internationally in response to changes in the global economy.