Author Question: An industry with a strong union (e.g., UAW) a. will increase wages in the nonunion sector of the ... (Read 42 times)

jlmhmf · **on:** Jun 30, 2018

An industry with a strong union (e.g., UAW)
a. will increase wages in the nonunion sector of the industry
b. will increase employment for union workers when wages increase
c. can force employers to hire all unions members regardless of the wage
d. can increase the demand for union workers by increasing turnover and reducing productivity
e. can bargain for wages that are greater than the market's equilibrium wage

Question 2

International trade does all the following except
a. allow a country to specialize in producing certain goods and services
b. reduce world output
c. allow a country to move to a higher consumption possibilities frontier
d. allow a country's consumption possibilities frontier to lie outside its production possibilities frontier
e. increase world output