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Researchers at the Massachusetts Institute of Technology (MIT) Estimated That

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Researchers at the Massachusetts Institute of Technology (MIT) estimated that escalating Chinese imports between 1999 and 2011 cost nearly 2.5 million U.S. jobs that would otherwise have been kept or created in the United States.


Definitions:

Severe Consequences

Significant negative outcomes or effects that result from a particular action or decision.

Organizational Objectives

Specific goals that a company or institution aims to achieve, which guide its operations and strategic planning.

Expediting

The practice of ensuring speedy delivery of goods or completion of tasks, often by prioritizing and streamlining processes.

Legal Noncompliance

A situation where an entity fails to adhere to relevant laws, regulations, standards, or codes of practice, potentially resulting in legal penalties.

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