Final answer:
True, from the neomercantilist perspective, immigration could be viewed negatively as it might lead to a decline in a country's labor force, which is considered vital for sustained economic growth and a positive trade balance.
Step-by-step explanation:
In the neomercantilist perspective, immigration (out-migration) might not be seen as beneficial because it can lead to a decline in available resources, particularly the labor force that is needed for continued economic growth. This perspective is rooted in the belief that a nation should have a positive balance of trade, and a sufficient labor force is a key element of achieving this. If a nation experiences high rates of emigration, it could face a reduction in its workforce, especially if a large share of the immigrants possess low skills. The supply curve of low-skill labor would shift to the left, potentially raising the equilibrium wage for low-skill labor within the country. However, it's important to note that this effect might be tempered by factors such as minimum wage laws and the increased local demand for goods and services that immigrants also bring.
Hence, the statement is true: from a neomercantilist perspective, immigration could be perceived as a threat to a nation's resource base, particularly its labor force, which is seen as a necessary component for achieving and maintaining a strong, export-led economy.