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Consider illegal immigration

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Reference no: EM131179821

Property ownership leads to incentives, which lead to trade and competition, which lead to market efficiency. Consider how these concepts apply to some real-world circumstances.

Write a 2-3 page paper that discusses the following:

  • Consider illegal immigration. How would illegal immigration be affected if all countries had property ownership rights as well defined as in the United States?
  • Consider the following statement by Charles Wheelan, author of the Naked Economist: "The problem with Asian sweatshops is that there are not enough of them." How is Wheelan's statement illustrative of fundamental economic concepts?
  • Describe the types of information that market prices provide.

Reference no: EM131179821

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