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Figure 8.1 depicts the supply and demand schedules of calculators for Greece,a "small" country that is unable to affect the world price.Greece's supply and demand schedules of calculators are respectively depicted by SG and DG.Assume that Greece imports calculators from either Germany or France.Suppose Germany is the world's low-cost producer who can supply calculators to Greece at $20 per unit,while France can supply calculators at $30 per unit.
Figure 8.1.Effects of a Customs Union
-Consider to Figure 8.1.Assume Greece levies a per-unit tariff of $20 on imports from both Germany and France.??Greece will import:
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A law that sets the maximum period one can wait before filing a lawsuit, depending on the type of case or claim.
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A legal action taken by creditors to collect unpaid debts from a debtor through the court system.
Minor
Anyone under the age of majority—18 in most states, 21 in some jurisdictions.
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