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We found 2 dictionaries that define the word flypaper theory:

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  1. flypaper theory: Wiktionary
  2. Flypaper theory (economics), Flypaper theory (strategy): Wikipedia, the Free Encyclopedia

Definitions from Wiktionary (flypaper theory)

noun:  (economics) The idea that the burdens of taxation "stick" to those taxed directly instead of spreading through the economy.
noun:  (military) The idea that it is desirable to lure one's enemies into a single country or area where they can be more effectively dealt with.

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