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What mechanisms have national governments used to protect their economies and industries from foreign competition?
Net Income
The total earnings of a company after all expenses and taxes have been deducted from revenue.
Owner's Equity
The residual interest in the assets of an entity after deducting liabilities, representing the ownership interest in the company.
Owner's Drawings
The funds taken from the business by the owner for personal use, not considered as salary or wages.
Owner Drawings
Refers to the money or assets taken out of a business by the owner(s) for personal use.
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