Asked by

Makayla Hammonds
on Dec 10, 2024

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How does competition from nonunion firms and foreign producers affect the ability of a union to increase the wages of its members?

A) Such competition makes it easier for the union to achieve wage increases.
B) Such competition reduces the ability of a union to achieve wage increases.
C) Such competition does not affect the ability of a union to achieve wage increases.
D) Such competition will increase the strength of a union if it produces a product sold in the domestic market but will reduce the strength of the union if it produces an export product.

Nonunion Firms

Companies where the workforce is not represented by a labor union.

Foreign Producers

Manufacturers or producers located in a country or jurisdiction different from where their products are sold or consumed.

Wage Increases

Adjustments or rises in the amount of money that workers are paid for their labor, often seen as a reflection of economic growth or inflation.

  • Examine the effects of international and nonunion competition on the effectiveness of unions.
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Katie KeenanDec 17, 2024
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