Benefit of Bail Out for UAW
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How would the UAW benefit for increased demand for Chrysler and GM vehicles?
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Solution Summary
This solution shows how the bail out of GM and Chrysler benefited UAW directly through the avoidance of the possibility of job losses and discusses the effect on the producers.
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The increase in demand for Chrysler and GM benefited UAW mainly by avoiding from job losses of the workers. Before the bail out, GM and Chrysler were not able to compete with especially their foreign competitors such as Toyota. ...
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