Section 10 Article 12 of the Philippines Constitution tells that 60/40 scheme is the rule that governs in doing business in the Philippines
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Get it written →Section 10 Article 12 of the Philippines Constitution tells that 60/40 scheme is the rule that governs in doing business in the Philippines. That is to say, 60% is owned by Filipinos while 40% goes to the foreign investors. Is this scheme advantageous to us in terms of the rate of development and growth? Yes or No. Argue your answer. Two hundred to two hundred fifty words only.
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