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Refer to the Following Diagram

Question 22

Multiple Choice

refer to the following diagram. Initially, wage rates are WM in Country M and WU in Country U. Subsequent migration results in an equalization of wage rates. refer to the following diagram. Initially, wage rates are WM in Country M and WU in Country U. Subsequent migration results in an equalization of wage rates.   -Migration causes the value of output in Country U to: A) rise by area imj B) rise by area kijl C) rise by area W<sub>U</sub>ijW<sub>e</sub> D) fall by W<sub>U</sub> - W<sub>e</sub>
-Migration causes the value of output in Country U to:


A) rise by area imj
B) rise by area kijl
C) rise by area WUijWe
D) fall by WU - We

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