The Union Contract Between the Union and the Management of Gable

question 62

Multiple Choice

The union contract between the union and the management of Gable Electronics Inc. includes a no-strike clause that is valid till the date of the contract's expiry. When a supervisor threatens salary cut for those unionized employees who refuse to work on a few weekends, the employees conduct a strike. The employees are resorting to a(n) _____ strike.

• A) jurisdiction
• B) unfair labor practices
• C) wildcat
• D) economic

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Definitions:

Gain From Trade

The benefits that entities receive from exchanging goods, services, or resources with others, often leading to an increase in overall welfare.

Law Of Comparative Advantage

A principle in international trade that states countries should specialize in producing goods for which they have a lower opportunity cost than their trading partners.

Foundation

An organization established to support charitable activities, educational goals, or other purposes that contribute to the public good.

Free Trade

International exchange of goods permitted to operate freely, devoid of tariffs, quotas, or any form of restraint.