Using the numerical example in problem 5, assume now that Foreign limits immigration, so that only three
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Question:
Using the numerical example in problem 5, assume now that Foreign limits immigration, so that only three workers can move there from Home. Calculate how the movement of these three workers affects the income of five different groups:
a. Workers who were originally in Foreign
b. Foreign landowners
c. Workers who stay in Home
d. Home landowners
e. The workers who do move
Related Book For
International Economics Theory and Policy
ISBN: 978-0273754206
9th Edition
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
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