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What is the long run effect of immigration on capital

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31. What is the long-run effect of immigration on capital use in the receiving country? A) There is no change because the remaining capital is not mobile. B) Capital will move to the capital-intensive industry. C) The return to capital (rental) will fall. D) Capital will move to the labor-intensive industry. 32. Products traded between two nations that are very similar and very close substitutes, but that may be of different quality or prices, are called: 33. Increasing returns to scale occurs when a firm's: Page 7
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34. “Intra-industry trade” refers to: 35. What is the value of the intra-industry trade index for an industry in which exports are $200 million and imports are $20 million? A) 2.00 B) (200 + 20)/20 = 11.00 C) 20/[1/2 (200 + 20)] = 0.18 D) (200 – 20)/200 = 0.90 36. The higher the value for the index of intra-industry trade: 37. A major factor in the ability of firms to purchase services or components from other nations is: 38. “Slicing up the value chain” refers to the:
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