What is the term for negotiations conducted by trade unions on behalf of workers?

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Study for the GCSE Economics Exam with comprehensive flashcards and multiple choice questions. Each question includes hints and detailed explanations. Prepare thoroughly for your exam!

The correct term for negotiations conducted by trade unions on behalf of workers is collective bargaining. This process involves representatives from the trade union negotiating with employers to reach agreements on working conditions, wages, and other employment terms. Collective bargaining is essential because it provides a unified voice for workers, allowing them to collectively present their needs and demands to management.

This method is more effective than individual negotiations since employees typically have more power collectively than they would as individuals. Additionally, collective bargaining is a recognized process in labor relations, ensuring that workers’ rights are protected and that any agreements made are upheld by both parties.

The other choices, while sounding relevant, do not accurately capture the established process used in labor relations. For example, labour bargaining and union bargaining are not standard terms widely recognized in economic or labor relations literature. Individual negotiations refer to agreements made between one worker and their employer, which does not provide the same level of influence or protection as collective action.

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