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Suppose you are contemplating emigrating from your home country to the fictional country of Blaxon. Blaxon has the same policies and institutions as your home

Suppose you are contemplating emigrating from your home country to the fictional country of Blaxon. Blaxon 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 Blaxon. If you base your decision to emigrate solely on the prospects for economic growth, you would

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