Centralized union wage bargaining with government intervention in Sweden gives relatively more influence to ______, while firm-level union wage bargaining in the United States gives relatively more influence to ______.

Question

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Centralized union wage bargaining in Sweden, often involving government intervention, tends to favor the interests of those already employed (insiders) by prioritizing job security and wage stability. In contrast, firm-level union wage bargaining in the United States allows individual firms more flexibility to adjust wages and employment based on their specific circumstances, which can benefit new or potential employees (outsiders) by potentially creating more job opportunities.

Centralized Union Wage Bargaining with Government Intervention in Sweden Gives