Multiple Choice
What happens to the equilibrium wage rate in the US and Canada when more US and Canadian workers migrate to the Europe?
A) The real wage in Canada and the US will increase.
B) The real wage in Canada will increase while the real wage in the US will decrease.
C) The real wage in Canada and the US will decrease.
D) The real wage in Canada will decrease while the real wage in the US will increase.
Correct Answer:
Verified
Correct Answer:
Verified
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