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Discussion 1
Most unions have opposed free trade agreements, such as NAFTA. On the other hand, most employer lobbying groups have supported such agreements. What are the pros and cons of Free Trade Agreements from the viewpoint of the Employer, the Employee, and the Consumer?
How might you solve this conflict?
Please explain using one reference to support your comments.
Discussion 2
Multinational corporations and transnational collective bargaining are becoming increasingly important topics of labor relations. Conduct your own research on transnational collective bargaining and provide an analysis of the similarities and differences between transnational collective bargaining and collective bargaining in the US.
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.
Some commentators have argued that the failure of the “Super committee” is good thing for the economy? Do you agree?
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Problem - Total Cost, Average Cost, Marginal Cost: - Complete the following table of costs for a firm. (Note: enter the figures in the MC column between outputs of 0 and 1, 1 and 2, 2 and 3, etc.)
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Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"
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