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But their analysis determined this was also real of nations that built shedding bids for that Olympics — shelling out tens of hundreds of thousands in lieu of billions. The benefit, To paraphrase, arrived from the sign that a rustic was open for small business, not from the investing itself. “1 town thinks profitable the Online games is well worth greater than all the opposite cities do,” reported Andrew Zimbalist, an economics professor at Smith University as well as the author of the approaching “Circus Maximus: The Economics of Web hosting the Olympics and the globe Cup.” “Which city is probably going to get earning an mistake.”
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