ECON 316- Final Exam Guide - Comprehensive Notes for the exam ( 69 pages long!)
Document Summary
Taxes are not a liated to the underground economy. Late 18th century, physicians and surgeons molded into one: legal: executed prisoners, how executed scene at hangings, stealing a corpse was not a crime because no one owns a body. Farmers began making whiskey instead of corn: underground manufacturing, smuggled high quality, canada, caribbean, scotland, central myth: organized crime, canada and illegal booze supply, britain > bermuda, etc. Smuggler sells it and repays the o shore credit: create shell companies to hide trail, technique of trade loading, go out of your way to set up channels that"ll sell your excess. Stereotypes subject at which its aimed, appeal pure emotion. Set up a company in a corporate haven that doesn"t reveal the name of the owner. Can also put it in a holding company in luxembourg: fake deductions, conventional explanations for rising (?)