what is the effect of increase in migration and trade
Answers
Answered by
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.
Answered by
0
Migration helps in improving the quality of life of people. It helps to improve social life of people as they learn about new culture, customs, and languages which helps to improve brotherhood among people. Migration of skilled workers leads to a greater economic growth of the region.
Similar questions