________ Record the Destination of Exports, the Source of Imports

question 39

Short Answer

________ record the destination of exports, the source of imports, and the physical quantities and values of goods crossing borders.

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Definitions:

Book Value

The net value of a company's assets found on its balance sheet, and is calculated by subtracting liabilities from the total assets.

Machinery

Equipment, especially those powered by fuel or electricity, used in the industrial production or manufacturing process.

Accumulated Depreciation

The overall depreciation cost that has been allocated to a fixed asset over the span of its useful life.

Patent Rights

Legal protections granted to inventors, giving them exclusive rights to produce, use, and sell their inventions for a limited period.