Asked by Chetan Aggarwal on May 07, 2024
Verified
Other things equal,
A) workers with higher levels of human capital will tend to migrate to countries providing greater wage opportunities.
B) workers with lower levels of human capital will tend to migrate to countries providing greater wage opportunities.
C) smaller wage differences between countries will tend to increase the flow of immigration between countries.
D) workers with higher levels of human capital will migrate to higher-wage countries regardless of the distance between countries.
Human Capital
The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value.
Wage Opportunities
The availability and scope for individuals to earn income through employment or labor in the market.
- Discern the key influences on individuals' migration decisions, with a focus on securing jobs and achieving family reunification.
- Appreciate the roles of age and human capital in the likelihood of migration.
Verified Answer
AW
Austin WheelockMay 13, 2024
Final Answer :
A
Explanation :
Workers with higher levels of human capital (education, skills, experience) are more likely to migrate to countries offering greater wage opportunities because they can leverage their skills for higher pay, making the move more economically beneficial for them.
Learning Objectives
- Discern the key influences on individuals' migration decisions, with a focus on securing jobs and achieving family reunification.
- Appreciate the roles of age and human capital in the likelihood of migration.