What Regulatory Change Did Congress Approve in 2010 to Reduce

question 84

Multiple Choice

What regulatory change did Congress approve in 2010 to reduce counterparty risk in the shadow banking system?

• A)push more trading of derivatives onto exchanges
• B)required investment banks to follow the same rules on leverage as commercial banks
• C)require increased collateral for those trading derivatives
• D)banned trading of mortgage-backed securities

Understand the concept of comparative labor relations and its significance for a broader understanding of global labor dynamics.

Identify and compare the labor relations systems between countries such as Canada, the U.S., France, Japan, Great Britain, Mexico, Germany, Australia, the Soviet Union, and China.

Explain unique labor relations practices and their impacts on worker's rights and job security across different countries.

Describe the role and functioning of works councils and codetermination in labor relations, particularly in Germany.

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Definitions:

Separation Of Work And Life

The distinction and effort to maintain boundaries between one's professional responsibilities and personal life activities to ensure work demands do not encroach on personal time.

Fordist Era

Pertains to the period of industrialization marked by mass production and the assembly line, named after Henry Ford, emphasizing efficiency, standardization, and high wages for workers.

Rational-Legal Authority

A form of leadership where power is legitimized by explicit rules and procedures, and authority is vested in positions rather than individuals, underpinned by laws and bureaucracies.

Bureaucratic Model

An organizational structure characterized by formal procedures, hierarchical levels of authority, and a clear division of labor, intended to enhance efficiency.