The Low Costs of Labour in the Developing World Have

question 2

True/False

The low costs of labour in the developing world have meant that since the end of the Second World War there has been a 'new international division of labour', and the majority of international investment now goes to developing countries.

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Definitions:

Advisable

Worthy of being recommended or suggested as a prudent or wise course of action.

Outcome Control

The ability to influence the result of a process or negotiation.

Arbitration

A form of dispute resolution in which a neutral third party, the arbitrator, makes a binding decision to resolve a dispute.

Mediation Strategy

A plan of action designed to facilitate the resolution of a dispute by involving a neutral third party.