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Module Thirteen Homework
Q 1. What are the key components of globalization and how can they influence collective bargaining?2. Why was the International Labour Organization created and what influenced its structure and its mission?
The key components of globalizations are foreign direct investment, which has made easy the transaction process for the foreign investors, and multinational enterprise can do business across the world. Globalization can be considered as the process of interchanging of services, products and ideas among different countries. Imports and exports are also important pat of the globalization. Another important component is deregulation that can increase the level of