Which aspect of globalization has eroded the bargaining power of unions?
A) free movement of capital
B) international labour protections
C) rising education levels
D) continuing poverty

Question

Quizplus · Accepted Answer

The free movement of capital in globalization has allowed companies to relocate their production to countries with lower labor costs, where labor regulations are often weaker. This has decreased the bargaining power of unions in higher-wage countries, as companies have more options to relocate if unions demand higher wages or better working conditions.

Which Aspect of Globalization Has Eroded the Bargaining Power of Unions