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Topic: |
Philosophy
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Number of pages / Number of words: |
4 / 873 |
Essay's paper body
However, in order to be competitive in the international arena it is necessary for individual countries that make up a region to reduce protection of both the economy and social security . This can be perceived as a sharpening to the edge of capitalism; high-taxing countries become less attractive for investors, and countries that have little concern for redistribution will be favoured over countries that tax...
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This can be perceived as a sharpening to the edge of capitalism; high-taxing countries become less attractive for investors, and countries that have little concern for redistribution will be favoured over countries that tax. As a result, comparative advantage finds it harder to absorb the diversity found in countries and sharpens social divides ...
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