Economists assume that decisions to migrate are based on

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Economists typically view migration decisions as a cost-benefit analysis, where individuals weigh the potential economic and social gains of moving to a new location against the costs and risks involved, such as the expense of moving, the difficulty of finding work, the challenges of adapting to a new culture, and the possibility of facing discrimination or exploitation. While political factors or population trends may also play a role in migration patterns, these factors are often seen as either influencing or being influenced by the underlying economic incentives that drive migration decisions. Exchange rates, while important for international trade and investment, are generally not a major factor influencing individuals' decisions to migrate, as most migrants are seeking to work and live in a new country for a longer period of time rather than engaging in short-term financial transactions.

Economists Assume That Decisions to Migrate Are Based on