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Unformatted text preview: Cooperation (it never dies it is an actually legal entity) (you dont any liability) when the cooperation makes a profit. .. they have to pay taxes. Capital gains YOU STILL PAY TAX! Technology and Capital Good Advanced technology and capital goods are encouraged Specialization Division of labor Geographic specialization...
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This note was uploaded on 03/22/2012 for the course ECON 203 taught by Professor Al-sabea during the Spring '05 term at USC.
- Spring '05