graphical analysis to show the gains and losses resulting from the migration of population from a low-income country to a high-income country
Not what you're looking for?
Use graphical analysis to show the gains and losses resulting from the migration of population from a low-income country to a high-income country. Explain how your conclusions are affected by (a) unemployment, (21) remittances to the home country, (c) backflows of migrants to their home country, and (d) the personal characteristics of the migrants. If the migrants are highly skilled workers, is there any justification for the sending country to levy a "brain drain" tax on emigrants?
Purchase this Solution
Solution Summary
This post shows the gains and losses resulting from the migration of population from a low-income country to a high-income country.
Solution Preview
Labor supply to high income country increases while labor supply in the low-income country decreases. Wages in two countries become equal. The output and business income of the receiving country increases while that of sending country decreases. Overall world output increases.
(a) If the migrant remains unemployed after migration, the gains to the receiving country ...
Purchase this Solution
Free BrainMass Quizzes
Basics of Economics
Quiz will help you to review some basics of microeconomics and macroeconomics which are often not understood.
Economic Issues and Concepts
This quiz provides a review of the basic microeconomic concepts. Students can test their understanding of major economic issues.
Elementary Microeconomics
This quiz reviews the basic concept of supply and demand analysis.
Pricing Strategies
Discussion about various pricing techniques of profit-seeking firms.
Economics, Basic Concepts, Demand-Supply-Equilibrium
The quiz tests the basic concepts of demand, supply, and equilibrium in a free market.