The Percentage of Unionized Workers

question 64

Multiple Choice

The percentage of unionized workers

• A) has increased in the manufacturing sector.
• B) has declined to less than 10% in 2012.
• C) has focused very successfully on white collar workers.
• D) continues to remain about the same since the 1940s.

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Definitions:

Forward Rate

is a financial term referring to a predetermined interest rate or currency exchange rate agreed upon for a transaction that will occur at a future date.

Discount

A reduction from the usual cost of something or the process of determining the present value of future cash flows.

Political Risk

In international business, the chance that the value of a firm’s investment in a foreign country will be reduced by political actions of either the foreign government or terrorists.

Exchange Rate Risk

The risk that international trade dealings will earn less than expected because of movement in exchange rates.