If capital moves from developed to less developed countries, and labor moves from less developed to developed

Question:

If capital moves from developed to less developed countries, and labor moves from less developed to developed countries, what effects will these factor movements have on wage rates and the return on capital in the two types of country?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Economics

ISBN: 978-0273721307

7th edition

Authors: John Sloman, Alison Wride

See More Books

Question Posted: Dec 03, 2013 08:07 AM

See More Questions

An experiment was conducted in which two types of acorn squash were crossed. According to a genetic model, 1/2 of the resulting plants should have dark stems and dark fruit, 1/4 should have light...
What effects does labor migration have on the country of immigration? The country of emigration? The world as a whole?
Country A and Country B have identical population growth rates of 1 percent per annum, and everyone in each country always works 40 hours per week. Labor productivity grows at a rate of 2 percent in...
As societys cost of disposing of trash increases over time, recycling rates should automatically increase as well. Discuss.
The Oakville Yacht Society has the following lump-sum payments to make to members. Required: Calculate the present value for each lump-sum payment. Lump-Sum Payments $320,000 400,000 Amount to be...
Who are discouraged workers? Underemployed workers? Are they counted as part of the labor force? As part of the unemployed? How does the BLS determine who is unemployed?
A jet-propelled airliner flies at an altitude of $15,000 \mathrm{~m}$ and a velocity of $265 \mathrm{~m} / \mathrm{s}$. What is the stagnation pressure and stagnation temperature of the air...
Wins Companies, a home improvement store chain, reported the following summarized figures: Requirements 1. Compute Wins Companies current ratio at May 31, 2012 and 2011. 2. Did Wins Companies current...
Matthew wants to take out a loan to buy a car. He calculates that he can make repayments of $4000 per year. If he can get a five-year loan with an annual interest rate of 4%, what is the maximum...
Bear Park Ltd., a camping ground in the Lake District, has compiled the following financial information as of December 31, 2017. Instructions (a) Determine Bear Park's net income for 2017. (b)...
What are the arguments for and against relying entirely on discretionary regional and urban policy?
What factors determine a countrys terms of trade?
A taxpayer who sells her personal residence in 2017 may exclude some or all of the gain on the sale if the residence was owned and lived in for a. At least four years before the sale date. b. Any two...
An accomplice is one who knowingly, voluntarily, and with common intent unites with the principal offender in the commission of a crime. Complicity is not the same as conspiracy. Conspiracy is an...
An inchoate crime is one that is partial, unfinished, or begun and not completed. Inchoate crimes include attempt, conspiracy, and solicitation. Criminal attempt is an adjunct crime, meaning it...
George, a local delivery truck driver, is distraught to learn that his wife of 20 years is having an affair with her personal trainer, Fabio. George decides to drown his sorrows in beer at the local...
The actus reus for complicity is, at its most basic level, assistance. There are three means by which assistance is typically provided: (1) assistance by physical conduct, (2) assistance by...
Vicarious liability occurs when one person is held liable for the actions of anotherand perhaps when the former person has no idea what the latter person is up to. There are two conditions that make...
In Problems 4750, use the pricedemand equation to determine whether demand is elastic, is inelastic, or has unit elasticity at the indicated values of p. x = f(p) (A) p = 50 (C) p = 100 875 - p...
Show that every group G with identity e and such that x * x = e for all x G is abelian.
You are evaluating a project that requires an investment of $108 today and provides a single cash flow of $118 for sure one year from now. You decide to use 100% debt financing, that is, you will...
A firm wants to select one new research and development project. The following table summarizes six possibilities. Considering expected return and risk, which projects are good candidates? The firm...
A firm is choosing a new product. The following table summarizes six new potential products. Considering expected return and risk, which products are good candidates? The firm believes it can earn 4%...
A depreciable asset costs $10,000 and has an estimated salvage value of $1600 at the end of its 6-year depreciable life. Compute the depreciation schedule for this asset by both SOYD depreciation and...
Khairul bought a television set with cash price of Rm6000. He paid a 10% down payment and the balance was settled by making a 24 monthly payments . If the interest was 8% per annum on the original...
Suppose a company produces a perpetual cash flow of $25 million per year and is expected to continue doing so in the infinite future. The company's capital structure currently consists entirely of...
The future price of Gold for August 2022 delivery is $1,920. Future contracts are for 100 ounce of gold and assume that the margin requirement is $6,000 per contract and the maintenance margin...

If capital moves from developed to less developed countries, and labor moves from less developed to developed

Question:

Step by Step Answer:

If the capital moves from developed countries to less develo...View the full answer

Economics

Students also viewed these Economics questions