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单词 procurement
释义 procurement

Government purchase of goods and services. The large scale of government purchases makes corruption or inefficiency in procurement a serious drain on government finances. It is also common for government procurement to discriminate between domestic and foreign suppliers: unless this is necessary on grounds of national security, it is a form of protectionism which is an important source of inefficiency.

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更新时间:2025/1/22 17:59:55