Privatization of government services

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International capital mobility (sometimes referred to as "quicksilver capital")

  1. Can result in more cin countries around the world as governments have to compete by becoming more efficient. 
  2. Has resulted in more government inefficiency
  3. Has resulted from the fact that politicians around the world have been studying economics and now favor lower tariffs and few trade restrictions
  4. Has largely eliminated the advantage of trade in goods

Reference no: EM132285502

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