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What are taxes on specific items like gasoline, tobacco, and gasoline?
Globalisation
The process by which businesses or other organizations develop international influence or start operating on an international scale.
Interdependence
Describes a relationship between entities where each is mutually reliant on the others for success or survival.
Product Markets
Markets where finished goods or services are traded, often categorised by types of products, geographical areas, and customer segments.
European Union
A political and economic union of 27 European countries aimed at fostering economic cooperation and ensuring free movement of people, goods, services, and capital.
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