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1. List and Compare the short run impacts of Immigrants and FDI on wage and rentals in Home, assuming that immigrants and FDI enter Home.

1. List and Compare the short run impacts of Immigrants and FDI on wage and rentals in Home, assuming that immigrants and FDI enter Home.

2. List and Compare the long run impacts of Immigrants and FDI on wage and rentals in Home, assuming that immigrants and FDI enter Home.

3. According to the standard Heckscher-Ohlin model with two factors (capital and labor) and two goods, movement of Turkish migrants to Germany would decrease the amount of capital-intensive products produced in Germany. Discuss whether this is true or false, and explain why.

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