Exam 5: Movement of Labor and Capital Between Countries

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The large-scale labor migration that occurred during 1870 to 1913 from Europe to America the growth of wages in the destination nations and the growth of wages in the source nations, thus leading to _ of wages between the regions.

(Multiple Choice)

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Question 141

The gains from immigration of labor or capital to the recipient nation can be summarized as:

(Multiple Choice)

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Question 142

As of 2005, the European Union had:

(Multiple Choice)

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Question 143

Which of the following is nearly always true of highly educated immigrants?

(Multiple Choice)

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Question 144

In the long run, if all resources can move within a nation, an inflow of FDI will:

(Multiple Choice)

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Question 145

In the long run, when there is immigration of labor and all domestic factors of production are mobile:

(Multiple Choice)

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Question 146

Suppose that an economy has 1,500 units of capital and 1,000 workers. This economy produces computers and shoes. Computer production requires four units of capital per worker and shirt production requires one unit of capital per worker. I. Solve for the amount of labor and capital used in each industry. Given that: (1) K_C + K_S= the total capital stock, and L_C + L_S= the total labor force; and (2) K_C= 4 · L_C, and K_S= 1 · L_S. II. Suppose that the number of workers increases to 1,250 due to immigration, keeping total capital fixed at 1,500. Solve for the distribution of labor and capital between the two sectors.

(Essay)

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Question 147

According to the short-run (specific-factors) model, how will FDI affect the return to capital and the return to land in the recipient nation?

(Multiple Choice)

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Question 148

What were the effects of the 1980 Mariel boat lift of Cubans upon the apparel industry in Miami?

(Multiple Choice)

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Question 149

Which of the following is a key assumption in factor price insensitivity in response to a fall in FDI?

(Multiple Choice)

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Question 150

Examples from Miami and Israel tell us that labor migration sometimes:

(Multiple Choice)

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Question 151

Which of the following terms is used to describe payments made by foreign resident workers to families in their home nations or in the form of taxes paid to their home nations?

(Multiple Choice)

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Question 152

Suppose labor and capital are the only two resources used for production. In the long run:

(Multiple Choice)

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Question 153

Foreign direct investment that takes the form of a new startup facility is called:

(Multiple Choice)

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Question 154

China has 1,000 units of capital and 3,000 workers. The United States has 3,000 units of capital and 1,000 workers. Clothing production is labor intensive and chemical production is capital intensive. Suppose that the United States eliminates all restrictions on immigration and Chinese workers are free to emigrate from China to the United States. How many Chinese workers must emigrate from China to the United States in order for factor price equalization to occur?

(Multiple Choice)

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Question 155

Without productivity growth, what is the long-run effect of labor migration?

(Multiple Choice)

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Question 156

Would you expect the owners of capital and land to support lower barriers on immigration more than lower barriers on imports?

(Short Answer)

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Question 157

A study of the results of the Mariel boat lift on wages in Miami found:

(Multiple Choice)

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Question 158

According to economists, which of the following statements about international capital mobility is correct?

(Multiple Choice)

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Question 159

Showing 141 - 159 of 159

The large-scale labor migration that occurred during 1870 to 1913 from Europe to America the growth of wages in the destination nations and the growth of wages in the source nations, thus leading to _ of wages between the regions.

The gains from immigration of labor or capital to the recipient nation can be summarized as:

As of 2005, the European Union had:

Which of the following is nearly always true of highly educated immigrants?

In the long run, if all resources can move within a nation, an inflow of FDI will:

In the long run, when there is immigration of labor and all domestic factors of production are mobile:

According to the short-run (specific-factors) model, how will FDI affect the return to capital and the return to land in the recipient nation?

What were the effects of the 1980 Mariel boat lift of Cubans upon the apparel industry in Miami?

Which of the following is a key assumption in factor price insensitivity in response to a fall in FDI?

Examples from Miami and Israel tell us that labor migration sometimes:

Which of the following terms is used to describe payments made by foreign resident workers to families in their home nations or in the form of taxes paid to their home nations?

Suppose labor and capital are the only two resources used for production. In the long run:

Foreign direct investment that takes the form of a new startup facility is called:

Without productivity growth, what is the long-run effect of labor migration?

Would you expect the owners of capital and land to support lower barriers on immigration more than lower barriers on imports?

A study of the results of the Mariel boat lift on wages in Miami found:

According to economists, which of the following statements about international capital mobility is correct?

Trade in the Global Economy

Trade and Technology: The Ricardian Model

Gains and Losses From Trade in the Specific-Factors Model

Trade and Resources: the Heckscher-Ohlin Model

Increasing Returns to Scale and Monopolistic Competition

Offshoring of Goods and Services

Import Tariffs and Quotas Under Perfect Competition

Import Tariffs and Quotas Under Imperfect Competition

Export Subsidies in Agriculture and High-Technology Industries

International Agreements: Trade, Labor, and the Environment

The Global Macroeconomy

Introduction to Exchange Rates and the Foreign Exchange Market

Exchange Rates I: the Monetary Approach in the Long Run

Exchange Rates II: the Asset Approach in the Short Run

National and International Accounts: Income, Wealth, and the Balance of Payments

Balance of Payments I: the Gains From Financial Globalization

Balance of Payments II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run

Fixed Versus Floating: International Monetary Experience

Exchange Rate Crises: How Pegs Work and How They Break

The Euro

Topics in International Macroeconomics

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Exam 5: Movement of Labor and Capital Between Countries

The large-scale labor migration that occurred during 1870 to 1913 from Europe to America ____ the growth of wages in the destination nations and ____ the growth of wages in the source nations, thus leading to _____ of wages between the regions.

The gains from immigration of labor or capital to the recipient nation can be summarized as:

As of 2005, the European Union had:

Which of the following is nearly always true of highly educated immigrants?

In the long run, if all resources can move within a nation, an inflow of FDI will:

In the long run, when there is immigration of labor and all domestic factors of production are mobile:

According to the short-run (specific-factors) model, how will FDI affect the return to capital and the return to land in the recipient nation?

What were the effects of the 1980 Mariel boat lift of Cubans upon the apparel industry in Miami?

Which of the following is a key assumption in factor price insensitivity in response to a fall in FDI?

Examples from Miami and Israel tell us that labor migration sometimes:

Which of the following terms is used to describe payments made by foreign resident workers to families in their home nations or in the form of taxes paid to their home nations?

Suppose labor and capital are the only two resources used for production. In the long run:

Foreign direct investment that takes the form of a new startup facility is called:

Without productivity growth, what is the long-run effect of labor migration?

Would you expect the owners of capital and land to support lower barriers on immigration more than lower barriers on imports?

A study of the results of the Mariel boat lift on wages in Miami found:

According to economists, which of the following statements about international capital mobility is correct?

Trade in the Global Economy

Trade and Technology: The Ricardian Model

Gains and Losses From Trade in the Specific-Factors Model

Trade and Resources: the Heckscher-Ohlin Model

Increasing Returns to Scale and Monopolistic Competition

Offshoring of Goods and Services

Import Tariffs and Quotas Under Perfect Competition

Import Tariffs and Quotas Under Imperfect Competition

Export Subsidies in Agriculture and High-Technology Industries

International Agreements: Trade, Labor, and the Environment

The Global Macroeconomy

Introduction to Exchange Rates and the Foreign Exchange Market

Exchange Rates I: the Monetary Approach in the Long Run

Exchange Rates II: the Asset Approach in the Short Run

National and International Accounts: Income, Wealth, and the Balance of Payments

Balance of Payments I: the Gains From Financial Globalization

Balance of Payments II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run

Fixed Versus Floating: International Monetary Experience

Exchange Rate Crises: How Pegs Work and How They Break

The Euro

Topics in International Macroeconomics

Filters

The large-scale labor migration that occurred during 1870 to 1913 from Europe to America the growth of wages in the destination nations and the growth of wages in the source nations, thus leading to _ of wages between the regions.