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Employees who are dissatisfied with their working conditions or compensation have to negotiate with a labor union to bring about change.
Manufacturing Jobs
Positions in the production of goods within an industrial setting, often involving machinery and labor.
Foreign Trade
The exchange of goods, services, and capital between countries or territories, involving imports and exports.
Comparative Advantage
The capacity for a person, business, or nation to generate a product or service with a smaller opportunity cost compared to its rivals.
Competition
Rivalry among business firms for resources and customers.
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