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Why Did MNEs Operating in China Accept a 30% to 40

question 51

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Why did MNEs operating in China accept a 30% to 40% pay increase for laborers in 2010?


Definitions:

Two-Party Negotiation

A process where two parties discuss their differences and attempt to reach an agreement or solution.

Compatible Interests

Interests that align well together, allowing individuals or groups to engage cooperatively in activities or goals.

Test of Wills

A situation or contest in which individuals or groups challenge each other's resolve or determination.

Abundant Resources

A situation where there is a plentiful supply of resources, materials, or assets available for use or consumption.

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