Immigration can be a net positive for inflation and international cost-competitiveness,but it often is seen to reduce wage levels,a factor which makes immigration unpopular with labor unions.

Question

Quizplus · Accepted Answer

Studies have shown that immigration can have a positive impact on inflation by providing cheaper labor and reducing the costs of goods and services. However, it is also known to reduce wage levels, which is why labor unions are often opposed to it.

Immigration Can Be a Net Positive for Inflation and International