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If U.S.residents chose to travel overseas less due to concerns about the safety of foreign travel,then in the open-economy macroeconomic model
Union
An organized association of workers formed to protect and further their rights and interests; typically involved in labor negotiations and contracts.
Participation
The involvement of individuals or groups in decision-making processes that affect them.
Employment Flexibility
Refers to the adaptability of the workforce and employment conditions, allowing for changes in hours, location, and job duties.
Functional Flexibility
The ability of an organization to manage and utilize its workforce in a way that can quickly respond to changes without significant additional costs.
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