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Katz Corporation makes textiles. They invest in low-wage countries where they can build a manufacturing plant when the government gives them preferential tax status. They

Katz Corporation makes textiles. They invest in low-wage countries where they can build a manufacturing plant when the government gives them preferential tax status. They will be able to work in the country and export the items income-tax and tariff-free. In about five to eight years when the per capita income increases in a particular countrythey will move their operations to that countryWhat poverty-inducing private investment pattern is Katz following

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