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What Differentiates Trading and Production Markets

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What differentiates trading and production markets?


Definitions:

Arbitrators

Professionals who resolve disputes between parties by making decisions that are usually binding, often used in labor, commercial, and legal disagreements.

Strike Action

A work stoppage initiated by employees as a form of protest, typically aimed at securing better conditions or pay from their employers.

Negotiations Break Down

This occurs when parties engaged in negotiation are unable to reach an agreement or consensus, leading to an impasse.

Arbitration

The settling of a dispute between labour and management by a third party.

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