Interest arbitration is commonly used in the private sector to settle wage disputes between employers and unions.

Question

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Interest arbitration involves disputes over the terms of proposed collective bargaining agreements.In the private sector,the use of interest arbitration as an alternative for impasse resolution has not been a common practice.Unions and employers rarely agree to submit the basic terms of a contract (such as wages,hours,and working conditions)to a neutral party for disposition.

Interest Arbitration Is Commonly Used in the Private Sector to Settle