Write Down the Effects of the Following On the lives of the common people during the medieval time in about 15-20 words each. cause increase in migration and trade. i need only answer for increase in migration. and i have searched in brainly but i can't understand that so, pls give me the correct answer. if you give me a correct answer means i will mark you as the brainilist. so pls help me
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Explanation:
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. Migration also delivers major economic benefits to home countries. While migrants spend most of their wages in their host countries – boosting demand there – they also tend to send money to support families back home. Such remittances have been known to exceed official development assistance. We find that immigrants in advanced economies increase output and productivity both in the short and medium term. Specifically, we show that a 1 percentage point increase in the inflow of immigrants relative to total employment increases output by almost 1 percent by the fifth year.
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