Examlex
What is the largest component of international trade in the service industry?
Equal Bargaining Power
A condition in labor negotiations where both the employer and employees (or their representatives) have similar negotiating strength and influence.
Competitive Markets
Markets where multiple suppliers offer products or services, leading to competition that benefits consumers through better options and prices.
Workplace Governance
The system of rules, practices, and processes by which a workplace is directed and controlled, encompassing nearly all aspects of its management and administration.
Employer Association
An organization that represents the interests of employers in negotiations with labor unions and in public policy discussions, providing a platform for collective bargaining and advocacy.
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