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By 1992 the European Union had become a full-fledged
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Which device has the European Union used to equalize farm-product import prices with politically determined European Union prices, regardlessof shifts in world prices?
Which trade instrument has the European Union used to insulate its producers and consumers of agricultural goods from the impact of changing demand and supply conditions in the rest of the world?
Assume that the formation of a customs union turns out to include the lowest-cost world producer of the product in question. Which effect could not occur for the participating countries?
Which organization of nations permits free trade among its members in industrial goods, while each member maintains freedom in its trade policies toward non-member countries?
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