Which of the Following Statements About the North American Agreement

question 47

Multiple Choice

Which of the following statements about the North American Agreement on Labor Cooperation (NAALC) is false?

• A) The NAALC has been judged to be very successful due to the increased cooperation it has fostered between NAFTA member nations in dealing with labor relations problems.
• B) Freedom of association and protection of the right to organize.
• C) Right to bargain collectively
• D) Labor protection for children and young persons.
• E) Minimum employment standards,such as minimum wages and overtime pay.

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Definitions:

Stock Index Futures

Futures contracts to buy or sell a specific stock index at a predetermined price on a specified future date, used for hedging or speculating on the direction of the stock market.

Multiplier

A concept in economics referring to the factor by which a change in investment, government spending, or other economic activity results in a larger change in the gross domestic product (GDP).

Dollars

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A market-capitalization-weighted index of the 500 largest U.S. publicly traded companies and is often used as a benchmark for the overall stock market.