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GDP would increase

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12y ago
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1w ago

If the illegal drug trade was legalized, GDP could potentially increase as the production and sale of drugs would be included in official economic activities. Legalization could also lead to taxation of the industry, creating a new revenue stream for the government. Additionally, there could be savings in law enforcement and judicial costs associated with prosecuting illegal drug activities.

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Q: What happens to GDP If the illegal drug trade was legalized?
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