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Provide the rationale for using expected free cash flow in valuation.
Trade Protectionism
Government policies designed to restrict international trade to protect domestic industries from foreign competition.
Government Restrictions
Regulations implemented by the government that limit or guide the actions of individuals or companies, often in the interest of public safety or economic stability.
Low-Wage Nation
A country where the general level of wages and salaries is significantly lower than that of more industrialized and economically developed countries.
United States
A country located in North America, consisting of 50 states and known for being a federal republic with a diverse population and economy.
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