Answer:
Market imperfection
Explanation:
When we say market imperfection, we try to say An imperfect market is A market whereby buyers and sellers have the power to influence prices and production, in this type of market, there are no full disclosure of information about products and prices,
An imperfect Market is characterized by high barriers to entry or exit. Therefore if Most countries try to make it difficult for people to cross their borders illegally. This barrier to the free movement of labor is an example of imperfect Market.
