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Use the following table for question
-Given that the firm only chooses to sell the no-name brand,how should it price its product?
Tariffs
denote taxes or duties imposed by governments on imported or, less commonly, exported goods, intended to control trade flows, protect domestic industries, or raise revenue.
Barriers
Impediments, obstacles, or hindrances that prevent progress or make achievement difficult in various contexts.
European Unification
The process of political, economic, and social integration among European states, exemplified by the formation of the European Union.
Integration
The process of combining or coordinating separate elements so they work together effectively.
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