Question : 4.5   International Labor Mobility 1) In modern economies, A) restrictions international labor : 1303494

 

 

4.5   International Labor Mobility

 

1) In modern economies,

A) restrictions on international labor mobility are common.

B) labor is far more mobile internationally than capital.

C) restrictions on international labor mobility are rare.

D) labor is far more mobile internationally than it is intra-nationally.

E) outsourcing increases international labor mobility.

 

 

2) Refer to the graph above. Points A, B, and C represent ________, ________, and ________, respectively.

A) equilibrium wage rate after migration from home to foreign has occurred; the wage rate in foreign before migration; the wage rate in home before migration

B) equilibrium wage rate after migration from foreign to home has occurred; the wage rate in home before migration; the wage rate in foreign before migration

C) the wage rate in home before migration; the wage rate in home after migration; the wage rate in foreign after migration

D) the global wage rate before migration; the wage rate in foreign after migration; the wage rate in home after migration

E) the global wage rate before migration; the wage rate in home after migration; the wage rate in foreign after migration

 

 

3) In the two-country model of international labor mobility

A)  the effect of migration is to cause real wages in the two countries to converge.

B)  the effect of migration is to cause real wages in the two countries to diverge.

C) labor has only limited international mobility.

D) the long-run equilibrium global real wage is equal to the lesser of the pre-migration wages in the two countries.

E) the long-run equilibrium global real wage is equal to the greater of the pre-migration wages in the two countries.

 

4) In the two-country model of international labor mobility

A) the long-run equilibrium assumes that desired and actual migration are equal.

B) the long-run equilibrium assumes that desired migration exceeds actual migration.

C) the long-run equilibrium assumes that actual migration exceeds desired migration.

D) the long-run equilibrium assumes countries’ policies place significant restrictions on migration.

E) the long-run equilibrium is the result of a divergence of the real wages in the two countries.

 

 

5) In the two-country model of international labor mobility

A) migration results in increased global output, although some groups are made worse off.

B) migration results in increased global output, and all groups are made better off.

C) migration has no effect on global output, although some groups are made worse off.

D) migration has no effect on global output, although some groups are made better off.

E) migration may reduce global output, although some groups are made better off.

 

 

6) Immigration into the U.S. over the past century has caused the percentage of immigrants in the U.S. population to

A) fall steadily until the 1970s and increase thereafter.

B) remain relatively constant over the time period.

C) fall steadily over the entire century.

D) rise steadily over the entire century.

E) rise steadily until the 1970s and fall thereafter.

 

 

 

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