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What are some impacts of globalization in terms of migration and economics

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starcherarielle24

Answer:

Economic globalization encourages free trade agreements between countries, multinatio- nal corporations, and the free flow of goods across the world. All these rapid increases in trans-national flow of capital, trade and technology have marked its effects on international migration as well.

The available evidence suggests that immigration leads to more innovation, a better educated workforce, greater occupational specialization, better matching of skills with jobs, and higher overall economic productivity. Immigration also has a net positive effect on combined federal, state, and local budgets.

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