Developing Countries Are Most Likely to See Labor Standards as a Way

question 36

True/False

Developing countries are most likely to see labor standards as a way to protect U.S. jobs, rather than a good faith effort to improve the lives of working people worldwide.

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Definitions:

Impossible

A term used to describe a task or condition that cannot realistically be fulfilled or achieved.

Agency Relationship

A legal arrangement in which one party, the agent, acts on behalf of another party, the principal, in conducting transactions with third parties.

Bind

To legally obligate oneself or another party to an agreement or contract.

Principal

The main party to a transaction or contract, or the amount of money on which interest is paid or received.