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The benefit has nothing to do with trade, though. It happens simply because taxes are lowered. We could grow the economy in exactly the same way by just elimi
by lliiffee 15y ago
The benefit has nothing to do with trade, though. It happens simply because taxes are lowered. We could grow the economy in exactly the same way by just eliminating taxes on corporation A, without the corporation moving to Bermuda. Therefore, we may view the moving aspect as zero-sum.