Economic Analysis of Social Issues 1st Edition by Alan Grant

تمرين 7

[Related to Application 20.3 on page 446] The American Reinvestment and Recovery Act (ARRA) included a provision that imposed a general requirement that any public building or public works project funded by the ARRA must use only iron, steel, and other manufactured goods produced in the United States. What are the pros and cons of this type of provision?