Question 1:

i) What is the rationale of centralized and decentralized bargaining?

ii) Give examples of benefits associated with centralized bargaining.

iii) Give examples of externalities associated with decentralized bargaining?

iv) At what level will centralized and decentralized bargaining interact?

Question 2:

i) Describe a collective agreement.

ii) Are there any limitations to the content of a collective agreement under the IRA?

iii) Describe the "erga omnes" principle and give examples of its levels of application.

iv) To what extent does the IRA provide for extension of collective agreements