Q1. Clarify how immigration between two countries could be an equalizer of wages as well as economical for both sending as well as receiving countries. Relate the question to Mexico as well as the United States of America as well as use a graph to Clarify. Discuss the challenges of applying the theoretical concept into practice in the short-term as well as long-term.
Q2. if Malaysia rice sell for RM 550 per ton while Thailand rice sell for 10812 bath per ton as well as the nominal exchange rate is 9.83 bath per RM. how to make profit from the situation. What is the profit per ton rice? if other people exploit the same opportunity, what will happen to the cost in Thailand as well as in Malaysia?