Suppose Canada's Terms of Trade Rises from 212 to 236

question 34

Multiple Choice

Suppose Canada's terms of trade rises from 212 to 236.This change is said to be

• A)favourable.
• B)unfavourable.
• C)neutral.
• D)prudent,since the rule of 72 is not violated.
• E)a deterioration.

---

Definitions:

Solidarity Union

A labor union that emphasizes collective action and the interdependence of workers, striving for equal rights and benefits across all members.

Independent Labor Unions

Labor organizations that represent the interests of workers, independent of employer control or influence.

Poland

A country located in Central Europe, known for its rich history, cultural heritage, and significant contributions to the arts, science, and politics.

Exclusive Representation

A legal status where a single labor union is recognized as the sole representative of all the employees in a bargaining unit for purposes of collective bargaining.