Asked by
Kendall Smith
on Dec 19, 2024
Verified
With labor migration, the amount of change in the destination country's wage rates depends on the
A) original supply of labor in that country.
B) original supply of labor in the country of origin.
C) elasticity of demand for labor in that country.
D) elasticity of demand for labor in the country of origin.
Destination Country's Wage Rates
Refers to the compensation levels for labor in a country where a business might consider relocating or outsourcing operations.
Original Supply of Labor
The initial quantity of labor available in the market or economy before any shifts in demand or supply.
- Examine the repercussions of labor force relocation on wage scales and production output in both expatriate and host countries.
Verified Answer
CF
Learning Objectives
- Examine the repercussions of labor force relocation on wage scales and production output in both expatriate and host countries.
Related questions
Who Tends to Lose from Labor Migration ...
The Optimal Level of Immigration Occurs Where Marginal Benefit Is ...
What Happens to the Labor Supply Curves in Both Countries ...
In 2017, Refugees Constituted a Bigger Portion of Total Legal ...
There Were Over One Million Legal Immigrants into the United ...