In the two-country model of international labor mobility
A) the long-run equilibrium assumes that desired and actual migration are equal.
B) the long-run equilibrium assumes that desired migration exceeds actual migration.
C) the long-run equilibrium assumes that actual migration exceeds desired migration.
D) the long-run equilibrium assumes countries' policies place significant restrictions on migration.
E) the long-run equilibrium is the result of a divergence of the real wages in the two countries.
Correct Answer:
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