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Financial services - banking, fund management, insurance, etc. - account for about 55% of total income in this tiny Channel Island economy. Tourism, manufacturing, and horticulture, mainly tomatoes and cut flowers, have been declining. Light tax and death duties make Guernsey a popular tax haven. The evolving economic integration of the EU nations is changing the rules of the game under which Guernsey operates. |
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Financial services - banking?, fund management, insurance, etc. - account for about 55% of total income in this tiny [Channel Island]? economy. Tourism, manufacturing?, and horticulture?, mainly tomatoes and cut flowers, have been declining. Light tax and death duties make Guernsey a popular [tax haven]?. The evolving economic integration of the EU nations is changing the rules of the game under which Guernsey operates. |
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tomatoes, greenhouse flowers, sweet peppers, eggplant, fruit; Guernsey cattle |
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tomatoes, [greenhouse flowers]?, [sweet pepper]?s, eggplant?, fruit; [Guernsey cattle]? |
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tomatoes, flowers and ferns, sweet peppers, eggplant, other vegetables |
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tomatoes, flowers? and ferns?, [sweet pepper]?s, eggplant?, other vegetable?s |
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UK (regarded as internal trade) |
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United Kingdom (regarded as internal trade) |
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coal, gasoline, oil, machinery and equipment |
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coal, gasoline, oil, machinery and equipment |
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UK (regarded as internal trade) |
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United Kingdom (regarded as internal trade) |
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Guernsey pounds per US$1 - 0.6092 (January 2000), 0.6180 (1999), 0.6037 (1998), 0.6106 (1997), 0.6403 (1996), 0.6335 (1995); note - the Guernsey pound is at par with the British pound |
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Guernsey pounds per US$1 - 0.6092 (January 2000), 0.6180 (1999), 0.6037 (1998), 0.6106 (1997), 0.6403 (1996), 0.6335 (1995); note - the Guernsey pound is at par with the British pound |
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