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In the present essay it will be shown that a core of quite general propositions about the gains from international migration can be deduced from the two leading gains-from-trade theorems. Moreover, the reader will be reminded that the gains-from-trade theorems are now known to be valid not only under the familiar assumptions of Arrow-Debreu general-equilibrium theory but also in the presence of incomplete markets, in a context of overlapping generations and infinite horizons, and in some types of monetary economies. Thus a strong link will be established between the welfare economics of international trade and the welfare economics of international migration, a link which holds firm over a very considerable domain.!
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