Can anyone give an example of the flow of factors of production, international trade

International movement of factors of production.

International mobility of labour.

Forms of International Labor Mobility: Changes in the output and benefits of international labor mobility, and other external costs and benefits of migration are analyzed.

Overview of international labour mobility.

Forms of mobility: immigrants and foreign workers, the former refers to settling in another country and eventually becoming a resident of that country; The latter refers to temporary work in another country; Nature of mobility: Most of the people who come to the United States, Canada and Australia are permanent immigrants; Most of them are foreign workers in Japan, Europe and the Middle East; Direction of flow:

migration from countries with large populations to countries with low populations; Flows from developing countries with low wages to developed countries with high wages.

Figure 4-1 Chinese migration to North America in recent years.

Analysis of changes in output and welfare in international labour mobility.

What are the implications for the international mobility of labour, and how will the net well-being of countries and the world change as a result? We can illustrate this with the following diagram.

Output and welfare utility of international labour mobility.

The extrinsic costs and benefits of immigration.

Fiscal impacts, brain drain, other costs and benefits.

1) Fiscal implications.

For countries sending migrants: the loss of taxes and military service obligations may outweigh the reduced cost of public services caused by migrants moving abroad—the imposition of immigration taxes; For immigrants receiving countries: The cost of public benefits to immigrants may be less than or more than the taxes they pay – for illegal immigrants (Proposition 187).

2) Brain drain.

The migration of high-level talent to other countries can lead to a "brain drain" from Chile, where the return on investment in education in the country of origin is reduced or even lost.

3) Other extrinsic costs and benefits.

Knowledge benefits Congestion costs: excessive noise, conflict and crime Social friction: racial discrimination and racial conflict.

International capital flows.

Patterns of international capital flows: The impact of international capital flows.

The way in which international capital flows.

1) International borrowing.

Foreign** Loans, International Financial Organization Loans, International Syndicated Loans, Project Loans, Export Credits.

2) International ** investment.

International** Investment International bond investment.

3) Foreign Direct Investment (FDI).

When export-oriented factors of production grow, the size of the international ** will be ( )aDownsizing bEnlarge.

c.No change DCan't be sure.

Check the answer analysis [Correct answer with blank] b

Answer Analysis] This question examines the growth of factors of production that are biased towards exports. The growth of export-oriented factors of production increases the output of exports, which expands the supply of export commodities and thus expands the export scale of products. See p117.

Knowledge points of this topic: the growth of factors of production and the international **114-121,

Consumer welfare in China has increased, domestic producer welfare has been impaired, and total welfare has increased.

This is because when the market is opened, both Chinese consumers and producers will face lower international market prices than they were before the opening up.

Because domestic consumers can buy cars at a lower price, the utility increases, and the consumer surplus increases;

Domestic producers have been hit by the lower-cost international market leakage, and production has decreased, and producer surpluses have decreased.

The change in aggregate welfare is equal to the change in the welfare of domestic producers plus the change in the welfare of domestic consumers.

Counting the mountains and learning the formula:

Change in domestic consumer welfare = 100 * (20-15) + 20 * (20-15) * change in domestic producer welfare = - [100 * (20-15) - 40 * (20-15)*

Changes in China's overall welfare = 550-400 = 150