Lecture Slides Chapter 01
... more movement of the factors of production between nations. o mobility of labor into the U.S. declined from the 1920s to the 1960s due to more stringent immigration policies o capital flows have increased substantially as other nations invested in U.S. assets ...
... more movement of the factors of production between nations. o mobility of labor into the U.S. declined from the 1920s to the 1960s due to more stringent immigration policies o capital flows have increased substantially as other nations invested in U.S. assets ...
International factor movements
In international economics, international factor movements are movements of labor, capital, and other factors of production between countries. International factor movements occur in three ways: immigration/emigration, capital transfers through international borrowing and lending, and foreign direct investment. International factor movements also raise political and social issues not present in trade in goods and services. Nations frequently restrict immigration, capital flows, and foreign direct investment.