How does global competition affect unions?
A) It reduces union bargaining power for representatives of employees.
B) It allows unions to bargain for higher wages because of the lack of skilled labor.
C) It increases the employment of domestic workers in basic industries.
D) It protects unionized employees against offshoring.

Question

Quizplus · Accepted Answer

Global competition puts pressure on companies to reduce costs, which often leads to a decrease in wages and benefits for employees. This reduces the bargaining power of unions as they have fewer options to negotiate better terms for their members.

How Does Global Competition Affect Unions