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10 cards from this deck
Encourages FDI & free trade in developing countries
$64 bn in loans and grants
Reduces trade barriers & facilitates free trade
28 countries
10 SE Asian countries
TNCs build production facilities in low-wage economies
Profits channeled through subsidiary in low-tax country
Wealth flows from richest to poorest as overall wealth ↑
Areas near transport hubs exempt from taxes by government
Lower manufacturing costs per unit due to ↑ production volume
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