One Way Organized Labor Responds to the Increased Bargaining Power

question 103

Multiple Choice

One way organized labor responds to the increased bargaining power of multinational corporations is by trying to

• A) impose regulations on multinationals through organizations such as GATT.
• B) achieve international regulations on multinationals through the United Nations.
• C) establish regional boards.
• D) lobby multinational corporations to restrict their global reach to three or fewer foreign countries.
• E) develop a local trade forum.

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Definitions:

Trading Rights

Legal permissions or entitlements to conduct trade within specific markets or territories, often regulated by treaties or laws.

Proclamation of Neutrality

A formal announcement made by the United States in 1793, declaring its neutrality in the conflict between France and Great Britain, showcasing its desire to stay out of European wars.

Trading Rights

The permissions or entitlements to conduct commercial transactions, often governed by legal agreements or international law.

U.S. Naval Power

Refers to the maritime strength and capabilities of the United States, encompassing its navy's fleet size, technology, and global reach.