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Q. There is intense debate regarding the impact which industrial relations experts on macroeconomic performance. For e.g., some people say which the key to the success of the Japanese economy is the industrial relations system in which country. Express three ways industrial relations might affect a country's macroeconomic performance (GNP growth). Then suggest explain how you could empirically test one of the ways industrial relations exerts such effects. Finally, based on your own knowledge of comparative industrial relations, to illustrate what extents also explain how do you think industrial relations affects macroeconomic performance?
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