Asked by Darshpreet Singh on Apr 26, 2024

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Other things equal, the voluntary relocation of employable migrants from low-paying nations to high-paying nations will

A) increase business or capitalist incomes in the low-paying nations.
B) reduce real output in the world.
C) increase business or capitalist incomes in the high-paying nations.
D) reduce wage rates in the low-paying nations.

Voluntary Relocation

The act of moving or being moved to a new location based on the individual's choice without external compulsion.

Low-Paying Nations

Countries characterized by significantly lower wage levels compared to the global average, often associated with high levels of poverty and inequality.

High-Paying Nations

Countries where workers generally receive high wages due to strong economies or high standards of living.

  • Analyze the economic impact of immigration on wage rates in high-paying and low-paying countries.
  • Understand the effects of migration on business income and domestic output in destination nations.
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SH
Sinothile HlabisaMay 01, 2024
Final Answer :
C
Explanation :
The voluntary relocation of employable migrants from low-paying to high-paying nations tends to increase the labor supply in high-paying nations. This can lead to increased productivity and potentially higher business or capitalist incomes in those nations due to the availability of more labor, which can be employed to increase output and efficiency.