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Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
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If the subexpressions are not identical, then it may still be possible to cancel them out partly. For example, in the simple equation 3 + 2y = 8y, both sides actually contain 2y (because 8y is the same as 2y + 6y). Therefore, the 2y on both sides can be cancelled out, leaving 3 = 6y, or y = 0.5. This is equivalent to subtracting 2y from both sides.
In 1961 the United Kingdom, Denmark, Ireland and Norway applied for membership only to be vetoed in 1963 by France's Charles de Gaulle. Spain also applied and was rejected as it was still led by the Franco dictatorship. The same year, the Court of Justice proclaimed that the Community constituted a "new legal order of international law". [10]
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