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If by social ills you mean government corruption. It will increase the "cost of doing business" for all of the countries products. It will also produce an environment that accurate planning can not be made (the laws may or may not be enforced). In general it prevents the marketplace from preforming efficiently.

2006-07-06 00:21:48 · answer #1 · answered by oldhippypaul 6 · 0 0

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