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f3. The figure below is a supply and demand diagram for the world labor market. Starting at points A and A*, consider a situation where
\f3. The figure below is a supply and demand diagram for the world labor market. Starting at points A and A*, consider a situation where some Foreign workers migrate to Home, but not enough to reach the equilibrium with full migration (point B). a. Are there gains that accrue to the Home country? If so, redraw the graph and identify the magnitude of the gains. If not, say why not. b. Are there gains that accrue to the Foreign country? If so, again show the magnitude of these gains in the diagram
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