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9) What do you understand by transfer pricing? It is said that in the fight against black money, curbing illicit capital flight ought to be a higher priority than courting foreign capital. What do you understand by this statement? Discuss with examples.

TopicPrevention of money laundering; Effects of liberalization

9) What do you understand by transfer pricing? It is said that in the fight against black money, curbing illicit capital flight ought to be a higher priority than courting foreign capital. What do you understand by this statement? Discuss with examples. (200 Words)

The Hindu

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