Jim Whitney Economics 311

Friday, February 24, 2012

 

International labor migration

US International market Mexico

 

 

 

Results of international labor migration:
Note: Income earned by migrant labor is assigned to the home country of the migrant labor.

    ----U.S.---- ---Mexico---
1. Which country is the home country and which is the host country for migrant labor?    
2. What happens to national welfare for each country?    
3. What happens to wages in each country?    
4. What happens to the wages of the migrant labor?