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Economies Of Scale
The reduction in cost per unit of goods or services produced as the scale of output increases.
World Price
The international market price of a commodity, determined by global supply and demand conditions.
Per-Unit Tariff
A specific tax levied on each unit of a good imported into a country, as opposed to a percentage of the value.
Imported Good
A product or service brought into one country from another country in a legitimate fashion, typically for use in trade.
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