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8 Cards in this Set
- Front
- Back
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Largest expansion of the EU: |
2004, added 10 new MS's |
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Basic assumption when adding many new laborers: |
supply of labor goes up price of labor goes down. |
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What happened? |
Limitations were put in place from fear of over migration |
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The limitations imposed: |
Fear of over-migration caused countries to implement transitional periods and other ways to block new MS's citizens from accessing the labor markets Only a few old MS's made it easy to work Certain sectors were limited (nursing) |
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Positive side affects of free movement of pepole |
Integration Overcome labor shortages Innovation (movement of high skilled labor) Cheaper labor |
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Potential negative side effects of free movement of people: |
Damage national competition Reduction of labor force in the "sender" country Unbalanced population Over migration |
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Facts about countries distribution of foreigners in the total employed population: |
Luxembourg has the highest amount of foreigners in employed pop. (~50%) |
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In the US? |
More stable inflow and outflow. Same language is spoken. Total free movement of people. |
