A nation can maximize the net benefits from immigration by

Question

Quizplus · Accepted Answer

Expanding immigration until its marginal benefits equal its marginal costs is the most efficient economic strategy. This principle ensures that the benefits derived from immigration, such as increased labor supply and potential for innovation, are maximized up to the point where they are balanced by the costs, such as potential strain on public services or infrastructure. This approach aims to achieve the optimal level of immigration where the net benefits to the nation are maximized.

A Nation Can Maximize the Net Benefits from Immigration by