Q2: In a world with two countries where country ALPHA is poor and BETA is rich with more highlyskilled workers. Using diagrams, discuss and illustrate the market and welfare effects of the following:a) Using diagrams, illustrate & explain a situation where there is no incentive to migrate.b) Modify the diagrams in (a) to discuss what would happen if the Demand for Labour in ALPHAdecreased substantially?c) Modify the diagrams in (a) to discuss the effects of a decline in labour participation in BETA country.

Demand of labor is governed by the marginal revenue product (MRPL). It slopes downward as the firms…

Answered: Q2: In a world with two countries where…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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1) Using the most recent Occupational Employment Statistics located at the US bureau of labor statistics determine: a.Which five (5) occupations have the highest wage growth? Do you think these occupations could be offshored? b.Which five (5) occupations have the lowest wage growth? Do you think these occupations could be offshored? 2) Using the International Trade and Market Access Data located at the World trade organization stats dashboard: Identify three (5) countries with high average tariffs. Are the countries large or small? What might explain the high tariffs in these countries?
1) Using the most recent Occupational Employment Statistics located at the US bureau of labor statistics determine: a. Which five (5) occupations have the highest wage growth? Do you think these occupations could be offshored? b. Which five (5) occupations have the lowest wage growth? Do you think these occupations could be offshored? 2) Using the International Trade and Market Access Data located at the World trade organization stats dashboard: Identify three (5) countries with high average tariffs. Are the countries large or small? What might explain the high tariffs in these countries?
You work for a Nova Scotia Company trying to successfully enter the cranberry market in Australia.create an analysis on the entry country (Australia) based on the following; In the entry country, how is a family defined? Does the entry country focus mostly on the nuclear family or is an extended family important in day to day living? How are citizens educated? What are the literacy rates in the entry country? Is there a social class structure?
Help me understand this experiemental economics question: To study if there is gender discrimination in labour markets a researcher sends out 4000 job applications for two kinds of positions advertised by the same international company: copyediting and computer programming. (Hint: The company may have stereotypes about who would be an ideal candidate for the two jobs. Copyediting may be female stereotyped and computer programming may be male stereotyped.) Draw a full factorial design table for this experiment. What are the outcome variables from this experiment? Identify at least two hypotheses you would be able to test with this experiment. Present the results you would expect to find graphically.
Text Countries of the Gulf Cooperation Council (GCC) have grown dependent on the migrant workforce to fuel their economic growth, with 35 million foreign migrants living in the GCC in 2019, according to the United Nations UN. In recent years, policymakers of the GCC countries have grown wary of this increased dependence and have launched efforts to nationalize their workforce in an attempt to rectify the structural labour imbalances that have developed over the last few decades. In particular, many GCC leaders are worried about social stability and have sought to address the high rates of unemployment among citizens, the education systems that fail to provide the skills and competencies required by the private sector, the striking gender imbalance in the workforce, and the low levels of private-sector employment among citizens. These efforts at nationalizing the workforce have intensified in response to the recent COVID- 19 crisis and the resulting plunge in oil prices and economic…
Migration is supposedly happen from low to high income country. In time the wage difference between host and the home country become smaller. Explain the statement above.
The debate focuses on the job outsourcing in the steel-rod industry. A congresswoman from a state with several steel-rod factories explains that it is necessary to impose restrictions against job outsourcing to protect workers in the domestic steel-rod industry. The congresswoman claims that, without protection against job outsourcing, U.S. companies in the steel-rod industry have incentives to outsource their jobs to developing countries where the labor is cheaper. This would leave many U.S. workers in the steel-rod industry unemployed. Which of the following justifications is the congresswoman using to argue for the trade restriction on steel rods? Infant industry argument Antidumping argument Foreign export subsidies argument Low foreign wages argument National defense argument
Latin American and Caribbean citizens who migrate to the United States earn salaries there that are higher than what they were earning at home. Since the migrants have the same skills as when they lived in Jamaica, why are they apparently more productive in their new country?
If these population changes were only due to human migration, what conclusions could be made, based on the map? a) The majority of states are experiencing immigrationtherefore, the overall country has an increase in population size b) The majority of states are experiencing emigration therefore, the overall country has an increase in population size. c) The majority of states are experiencing immigration; therefore, the overall country has a decrease in population size d) The majority of states are experiencing emigration; therefore, the overall country has a decrease in population size
Find at most 5 countries experiencing hunger in their area. State the following country: name of country and current scenario regarding hunger.
Older Workers are A much more likely to migrate than younger workers because older workers have lower moving cost B much less likely to migrate than younger workers because older workers are more likely to have children at home C much more likely to migrate than younger workers because older workers have lower implicit cost of migrating D much more likely to migrate than younger workers because younger workers have stronger roots and ties to the local community
a) In what respect is the economic decision to move across international borders an investment decision? b) Why do economic migrants move to some countries but not to others? Cite an example of an explicit cost of moving; an implicit cost of moving. c) How do distance and age affect the migration decision? c) How does the presence of a large number of previous movers to a country affect the projected costs and benefits of subsequent movers?

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