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A long hedge is used to protect against a decline in the cash price of a financial instrument or portfolio.
White-collar Workers
Employees who perform professional, clerical, managerial, or administrative work, typically in an office setting.
National Unions
Labor organizations that represent workers from across the country in various industries to negotiate wages, benefits, and working conditions.
Decision-making Authority
The power or right vested in an individual or group to make important decisions regarding the operation of an organization or system.
Local Unions
Regional or community-based branches of a larger labor union, representing workers' interests within a specific area.
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