Question

Discuss the Economic Benefits from Immigration.

Discuss the Economic Benefits from Immigration.

Homework Answers

Answer #1

Immigration means migration of labour from abroad( say India) to home( USA).

* Immigration means excess supply of unskilled labour. Excess supply will lower wage this in turn will reduce the cost of production.

* Reduce cost of production will increase competitiveness of our products in world market.

* Incresed competitiveness will increase our exports.

* Increased exports will bring us much needed foreign exchange and this will increase our foreign exchange reserve.

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