Globalization on Labor Union
Globalization impacts all business, foreign and domestic. How does globalization impact a union in the United States? Is the impact positive or negative? What aspects of globalization do you think will have the greatest impact on unions? Why? Present your views in approximately 250 words in your post. Utilize at least one scholarly source. APA format
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Globalization has made the world a global village where geographical location is not a massive trade barrier. For developing countries, globalization has been essential in growing their economies (Slaughter, 2007). However, in the US, globalization has had both positive and negative implications in equal proportions. However, for trade unions, the effect has been negative, and the same is threatening the existence of the country’s vibrant trade unions.