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The answer is simply that costs would go up, not down. It's fundamental economics. In general American labor and benefits are more expensive than most anywhere else.

Though Browning does have the majority of their firearms built and/or assemble at a multitude of foreign locations, they also have very specific standards and requirements that these foreign manufacturers/assemblers (and for several firearms, domestic manufacturers/assemblers - Buck Mark Pistols and rifles, Pro-9, Pro-40 and the BDM Pistols) build to. These standards and requirements most assuredly are what makes these guns Brownings, as opposed to Miroku's or whoever -IMO.
Browning does build in some foreign locations such as the United States. Herstalgroup, not a U.S. company, owns the Browning and Winchester names.
 
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