All seven industrialized countries have trade unions therefore one argument that could be made is unions overall make economies better. This is due to unions ability to negotiate benefits, paid time off and an increase in wages among other things. It is these benefits and increased wages that allow the workers to purchase goods that they may not otherwise be able to afford. This creates the flow of money that produces more jobs. Additionally unions raise non union workers pay by making employers pay a fair wage to avoid being unionized.
Whle unions are not without faults (nothing is perfect) overall unions benefit the economy.
* cuba could not trade with soviet union. * cuba could not store nukes in their country
as for the static effects: Trade Creation: When trade b/w custom union partners increases, this implies a shift in the Union to more efficient, competitive producers Trade Diversion:When imports from the less expensive world market are replaced by imports from a higher cost/less efficient partner country within the customs union Trade expansion: When lower market prices in one partner country stimulates total domestic demand which is satisfied by increased foreign trade with another partner countryI'm not sure about the dynamic effects of customs unions beyond the fact that they include structural adjustment and economic restructuring
It was a non-Communist trade union in a Communist country
agree to have a market economy
explain the advantages and disadvantages of active trade union movement to employers,employee and the economy?
Trade restrictions mean higher prices for consumers. Labor laws regulate union activities. Banking regulations help provide stability for the economy.
Belguim, Netherlands, Luxembourg
the vehicle is built in the U.S by union auto workers.
The Soviet Union
was the __ act in Poland
It was B Mussolini wanted to expand his country to challenge the Soviet Union, but Hitler wanted to expand his country to increase trade with the Soviet Union.
Introduction of a single used currency, the Euro; created a shared economy and thus made trade easier by eliminating borders and allowing free trade withing the states of the European Union.