Are there impediments to international movement of labor and capital?
A)Yes, but they apply to labor only; capital mobility is almost completely free.
B)Yes, although these apply to capital, and not to labor.
C)Yes, there are significant (often prohibitive) restrictions on labor and capital mobility.
D)No, these have been removed with the passage of recent trade legislation.

Question

Quizplus · Accepted Answer

There are significant restrictions on both labor and capital mobility internationally, often in the form of immigration laws, tariffs, quotas, and other trade barriers. While there has been some progress in reducing these barriers through trade agreements, they still exist and can act as impediments to the movement of people and resources across borders.

Are There Impediments to International Movement of Labor and Capital