Unions View That MNEs Ask Workers in One Country to Volunteer

question 19

True/False

Unions view that MNEs ask workers in one country to volunteer to "bid down" their wages and benefits to keep their jobs to compete with workers in other countries.

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Definitions:

Indenture Contract

A formal legal agreement, bond, or document specifying the terms and conditions between parties, often used in finance for bonds or loans.

Bylaws

Written rules and regulations that dictate how an organization or entity is governed and operated.

Corporation

A legal entity created by individuals, stockholders, or shareholders, with rights and liabilities separate from those of the individuals involved.