Does being bilingual make you smarter?

Being fluent (i.e. speaking, reading, writing, and listening/understanding) in more than one language is not unheard of nowadays. I fit into that category. Since I was a little kid, I have wondered if my ability to switch between two languages (Spanish, my first language, and English) has any advantage. When you speak one of the two (or more) languages, all the languages you are proficient in activate in your brain.

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