Question

Increase in migration and trade

Answer 1

Answer:

In economic terms, if an increase in migration leads to an increase in trade, they are considered complements. For example, if migrants lower the transaction costs of trade and raise the demand for nostalgia goods, they increase trade between their origin and host countries.

Answer 2

In economic terms, if an increase in migration leads to an increase in trade, they are considered complements. For example, if migrants lower the transaction costs of trade and raise the demand for nostalgia goods, they increase trade between their origin and host countries.

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