Economics · International Economics
Other things remaining equal, international labor migration between two countries will continue until:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The marginal product of labor and real wage rates in both countries converge✓
- 2The marginal product of labor diverges while nominal wages equalize
- 3Real wage rates in both countries decline to zero
- 4The marginal product of labor diverges to the maximum
Correct answer
The marginal product of labor and real wage rates in both countries converge
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