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Economics · Oct / Nov 2016 · Paper 12 · Question 8

2281Workers

What might be a disadvantage to a trade union when arguing for an increase in its members' pay?

  1. Aan increase in imports of a cheaper, similar product
  2. Bthe closure of a local training college resulting in fewer potential workers
  3. Cthe development of a new and profitable brand of the company's product
  4. Dthe development of new techniques that increase productivity

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Correct answer: A. an increase in imports of a cheaper, similar product

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