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Business, 05.05.2020 20:36 bazsinghnagoke

Suppose you are contemplating emigrating from your home country to the fictional country of Klaxon. Klaxon has the same policies and institutions as your home country except it has less honesty and dedication in the enforcement of contracts. Also, your home country has fewer and politically weaker special-interest groups than Klaxon.
If you base your decision to emigrate solely on the prospects for economic growth, you would (Remain in your home country/ Emigrate to Klaxon).

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