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Trade barriers are
Multiple-Step Income Statement
An income statement that separates operating revenues and expenses from non-operating items to display key components of net income.
Sales Revenue
The gross income from selling products or services, prior to deducting any costs.
FOB Shipping Point
A shipping term indicating that the buyer is responsible for the goods and the shipping cost as soon as the goods leave the seller's premises.
FOB Destination
A shipping term indicating that the seller is responsible for the goods and the shipping cost until the goods reach the buyer's specified location.
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