Which of the Following Is True of Local Unions

question 43

Multiple Choice

Which of the following is true of local unions?

• A)The local of an industrial-based union covers a city or a region.
• B)In a craft-oriented union, the local corresponds to a single large facility or to a number of small facilities.
• C)Typically the local union provides assistance, like background data about other settlements and technical advice, etc.
• D)The bulk of day-to-day interaction between labor and management takes place at the local union level.
• E)Administration of the collective bargaining contract is largely carried out at the national union level.

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Definitions:

Appreciate

To increase in value or price over a period of time.

Freely Flexible Exchange Rates

A currency system where the value of a currency is allowed to fluctuate according to the foreign exchange market without direct government intervention.

Trade Deficit

A situation where a country's imports of goods and services exceed its exports of them.

Peso Price

The value of a good or service expressed in pesos, the currency of various Latin American countries.