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Posted: September 2nd, 2020
International Trade and Finance, business and finance homework help
Question description
For
this assignment, you are to read and respond to a short chapter in the book 23 Things They Don’t Tell You About
Capitalism by economist Ha-Joon Chang.
The chapter argues that restrictions on immigration and not differences
in worker productivity drive international differences in wages and standards
of living, a very different perspective from the models of trade and
immigration that we have covered in this class.
You
are to write a 2-3 page response to Professor Chang’s observation and
challenge. Do you think he has a
point? If so, can his claim that
differences in wages are just due to restrictions on immigration from poor
countries to rich countries be reconciled with the models we have
examined? If you disagree with his
claim, where do you think he errs?
As
with the prior assignments, you will not be graded for this assignment on
whether you agree or disagree with the reading.
You may answer however you want.
The point of this assignment is to get you to think critically (in the
sense of not taking as gospel and asking tough questions) about the models we
are covering in this class.No plagiarism. Using easy vocabulary is enough. ha_joon_chang_immigration_and_wages.pdf
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