Homework Exercise 6 (13)

What are the consequences of outsourcing production on the welfare of participating countries?

To respond to a labor shortage expected to persist until the turn of the century, President Clinton signed a new immigration bill to encourage immigration of Northern Europeans to the U.S.A.

The export sector as a whole is known to use capital intensively. How does this influx of immigrants affect the employment in the import and export sectors in the U.S.?