Abstract
A trade-off is a situation in which for one to gain something, one must forego something else. In the case of trade unions, the union members always have to pay those working for them in the union for them to receive the expected services. This trade off by the union members is of great benefit to all the involved parties. Unions are an important sector of an economy as all workers cannot entrust their welfare to the hands of their employers (Tillman and Cummings, 1999).
The trade-offs by the workers are of great importance to, not only the workers, ...