1. The Effects of the Jones Act and Cabotage Laws on the Americ
... hardly noticeable on most products and the total amount a year spent per household is minimal. "The International Trade commission estimates that repealing the Jones Act would reduce current shipping prices by approximately twenty six percent."5 Although this may seem like a lot, compared to the "the net estimated ... loss to the Hawaiian economy from abolition of the Jones act would be 257 million in output."6 The small personal bourdon cannot be compared to the overall benefits to the economy created by the jobs ... waters. These laws range form restrictions on trash dumping to ship d...
- Word Count: 1250
- Approx Pages: 5
- Grade Level: High School