Exam 5: Movement of Labor and Capital Between Countries

Between 1870 and 1913, labor migration from the "Old World" (Europe) to the "New World" (the United States, Canada, and Australia):

The immigration of Russian Jews to Israel:

Assume two nations, two products, and two factors of production, labor and capital. Compare the situation of FDI in the short run and the long run regarding wages, returns to capital, industry output, and prices of goods.

A corollary to the Rybczynski theorem is that, in the long run, prices of factors will not be affected by an increase in labor. This is known as:

The Mariel boat lift of Cuban immigrants into Miami caused the:

Economists who have studied the impact of immigration on world welfare generally find, after considering impacts on all constituencies, that world GDP has _______ as a result of worker migration.

In the long run (the Heckscher-Ohlin model), immigration will lead to:

In the short-run (specific-factors) model, an FDI inflow into a country's manufacturing sector will cause:

"Greenfield investment" is defined as:

(Figure: Wages in Home and Foreign) Which of the following is NOT a potential cost that might offset some of the gains from migration determined above?

Economists conclude that the effect on our world's standard of living as a result of labor and capital migration has been:

Foreign-born workers in the United States tend to:

Research by Giovanni Peri and Mette Foged shows that:

In the long run, which of the following will occur if the U.S. federal government eliminates restrictions on migration of Mexican workers to the United States?

In the short-run (specific-factors) model, what will happen to the rental rate on capital and the wage rate when there is an inflow of FDI into the country?

In 2013, were remittances from emigrant labor from developing countries more or less important than official foreign aid to these countries?

The specific-factors model predicts that, after immigration, the equilibrium wage in both industries in the destination nation:

In the long run, an increase in FDI in the manufacturing sector will:

Discuss the evidence on the impact of immigration on wages of all U.S. workers (including foreign-born) by educational level.

In the short-run (specific-factors) model, foreign direct investment is expected to ________the marginal product of labor and ________wages in the receiving country.