Abstract
The consequences of changing or relaxing the various restrictions on the movement of goods people and capital between the United States and Latin America are explored. Separate consideration is given to the effects of different policies on the migration of skilled and unskilled workers. A numerical general equilibrium model is constructed to capture the basic features of the economic relationship between the United States and Latin America. The results suggest that the immigration problem cannot be resolved on its own but only as part of a general solution to underdevelopment in the countries of Latin America.
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