Multiple Choice
In the graph in Question #23 above, the migration of labor would result in __________ in country II'sGross Domestic Product and __________ in country II's Gross National Product.
A) an increase; would also result in an increase
B) an increase; would result in a decrease
C) a decrease; would result in an increase
D) a decrease; would also result in a decrease
Correct Answer:
Verified
Correct Answer:
Verified
Q1: According to the Department of Commerce information
Q2: Direct investment inflows by foreigners into the
Q4: If labor moves from a labor-abundant country
Q5: Consider the labor situation in countries I
Q6: Economists frequently point out that factor movements
Q7: According to the Department of Commerce information
Q8: According to the Department of Commerce information
Q9: The recent immigration of labor into the
Q10: Consider a situation where a foreign investor
Q11: The impact of labor migration on patterns