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What Was the Procedure Under Which Large Amounts of Supplies

question 6

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What was the procedure under which large amounts of supplies were sent to Britain from America on credit?


Definitions:

Markdown

A reduction from the original or list price of a product or service to increase its attractiveness to buyers.

Motorcycle

A two-wheeled motor vehicle that is faster and more fuel-efficient than a car, used for transportation, recreation, and sports.

Machinery

Machinery encompasses machines and their components, which are used in industry or manufacturing to perform tasks, including vehicles, equipment, and factory machines.

Mark-up

Markup is the percentage difference between the selling price and the cost price of a product or service.

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