Morocco
The North African country, which is one of the countries with the cheapest cost of living, houses exotic cities such as Casablanca and Marrakech. Key sectors of the economy include agriculture, tourism, aerospace, automotive, phosphates, textiles, apparel, and subcomponents.
Morocco has taken advantage of its closeness to Europe and its low labour costs to work towards building a diverse and open economy that is market-oriented. In Morocco, rents are 89 percent lower and the cost of living is 63 percent less.
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