How Does Global Competition Affect Unions

question 31

Multiple Choice

How does global competition affect unions?

• A) It reduces union bargaining power for representatives of employees.
• B) It allows unions to bargain for higher wages because of the lack of skilled labor.
• C) It increases the employment of domestic workers in basic industries.
• D) It protects unionized employees against offshoring.

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Definitions:

Degrees of Freedom

The number of independent values or quantities which can be assigned to a statistical distribution, typically influencing the shape of the distribution.

Confidence Interval

A range of values derived from sample statistics that is likely to contain the value of an unknown population parameter.

Confidence Interval

Various values, obtained from sample measures, that are likely to contain the essence of an unknown population parameter.

Confidence Interval

A selection of values, taken from data sampling, that is presumed to hold the value of a hidden population attribute.