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can have a adverse effect on international investment. Where corruption is giant and systemic, funding may be concentrated in extractive industries by which operations may be enclaved, or in gentle manufacturing or trading operations that can be relocated if corruption prices become unbearable. Or international traders could shun the country altogether. For most overseas companies, corruption is a cost of doing business to be recouped from revenues.17 If the prices become too high or unpredictable, foreign corporations will disengage unless international

 

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