"Buy American" Provisions Create Winners and Losers

question 47

Multiple Choice

"Buy American" provisions create winners and losers.Winners include ________ and losers include ________.

• A) U.S. consumers and taxpayers; foreign firms that rely on U.S. exports
• B) firms sheltered from foreign competition; U.S. consumers and taxpayers
• C) U.S. firms that rely on exports to foreign countries; foreign manufacturers
• D) the U.S. government; firms sheltered from foreign competition

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Definitions:

Core Knowledge Workers

Employees who possess essential expertise and skills critical to the functioning and competitiveness of an organization.

Strategic Value

The worth or importance of something in achieving a business's long-term objectives and sustaining its competitive advantage.

Economic Factors

Variables or elements that affect the financial performance and decision-making process within the economy or a specific sector, including inflation, interest rates, and unemployment.

Environmental Scanning

The process of collecting, analyzing, and using information about trends, events, and relationships within an organization's internal and external environment.