What is an economic argument in favor of more humane border policies regarding migrants and refugees?
The more basic argument can be trade. Trade theory like Hecksher - Ohlin argues that an increase in endowment of labour would increase output of the good which increases labour more intensively. The rationale being migrant labour would be cheaper labour in comparison to the home labour and hence cost advantage to labour which in turn would ensure higher profits for them.
* Another rationale would be like migrant could be a source of of demand for domestically produced goods which will increase aggregate demand and hence this can have a multiplier effect on economy.
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What is an economic argument in favor of more humane border policies regarding migrants and refugees?
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