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depending on the job, it may also allow you to select for talent much better, which creates intense competition and raises salaries significantly.

A good example of this phenomenon is sports. Even thought it can't be done remotely, it's so talent dependent that it's often better to find a great player in a foreign country and ask them to work for you, rather than relying exclusively on local talent. If it could be a remote job, this effect would be even greater.



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