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Monaco
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Monaco, located in Western Europe, is officially known as the Principality of Monaco. It stands as the smallest French-speaking nation in the world. There are no taxes imposed in the country on individuals. Hence, it is a heaven for international companies running their businesses in Monaco. Living standards are high. Its currency is the euro. The economy of Monaco is highly reliant on tourism. Monaco attracts a huge number of tourists every year which contributes greatly towards the economy. Main industries of the country are tourism, construction and small-scale industrial and consumer products. |
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