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(Figure: The Home and World Markets) Using the graphs, the
Amount imported by the home market under free trade is:
Nondiscriminatory Manner
Acting or making decisions without bias, unfairness, or discrimination towards any individual or group.
Worker Adjustment and Retraining Notification
A U.S. labor law requiring most employers with 100 or more employees to provide 60-day advance notification of plant closings and mass layoffs.
Plant Closing
The process of permanently shutting down a factory or business, often accompanied by layoffs of employees.
Mass Layoff
A significant reduction in a company's workforce initiated by the employer, affecting a large number of employees, often due to economic downturns or structural changes within the company.
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