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- Suppose you have data about two groups of countries,one with efficient legal systems and the other with slow,costly, and inefficient legal systems. Which group ofcountries would you expect to exhibit higher livingstandards?Discuss the Loss of Transparency and Consumer SovereigntyTrue or False: The licensing and regulation of financial advisers is one way by which the government tries to deal with the problem of inadequate information that financial firms have about their customers.
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