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What is Impact of Buy American Provision on Jobs about?

1) The Buy American provision was not a good idea as it led to more job losses than jobs protected. By protecting inefficient domestic manufacturers, it raised prices and reduced sales and production, costing more jobs. Other countries could retaliate as well. 2) Some American companies may oppose it as the higher prices lowers consumer purchasing power and demand for other products, reducing production and jobs. It could also shrink the foreign market if other countries impose similar policies. 3) The

Author

klm klm

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EN