Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the overall welfare effect on Portugal of the migrant flows in and out? Welfare is reduced if a country experiences a brain drain

What is the overall welfare effect on Portugal of the migrant flows in and out? Welfare is reduced if a country experiences a brain drain and a loss of tax revenues. Welfare increases if the migrants would otherwise be unemployed/underemployed and instead send remittances back to their home country

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Economics Theory Applications and Cases

Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield

8th edition

978-0393124491, 393124495, 978-0039391277, 393912779, 978-0393912777

More Books

Students also viewed these Economics questions

Question

Distinguish between morality and prudence.

Answered: 1 week ago

Question

Personal role: This consists of service to family and friends.

Answered: 1 week ago

Question

The role of life: It consists of your own service to yourself.

Answered: 1 week ago