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In the United States, there has been a long history of labor union participation in negotiating employment contracts with employers. When contract negotiations break down, unions may refuse to work, publicize grievances at the entrance to the employer's facility, refuse to buy the employer's products, or perform jobs at a slower pace.
a. If the employees are unable to come to an agreement with their employer, how might a third party assist in the process?
b. What are the two common tools used by labor in union contracts to secure wage increases? Explain.
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Who are the intended third party beneficiaries of this agreement?
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