In a famous series of commercials, the International Ladies' Garment Workers Union (ILGWU) urged buyers to "look for the union label" and to avoid buying clothes not made by ILGWU members. Through the commercials, the ILGWU tried to attain its goals by
a. restricting the number of ILGWU members.
b. featherbedding.
c. raising the marginal revenue products of ILGWU members.
d. creating lower prices for goods made by ILGWU members.
c
Economics
You might also like to view...
A decline in the exchange rate means that
a. the price of foreign exchange has declined. b. foreign currency has appreciated while the dollar has depreciated. c. foreign currency has depreciated while the dollar has appreciated. d. either a or c
Economics
Explain why tariffs are a primary revenue source for less-developed countries but not for developed countries
What will be an ideal response?
Economics