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Write a short essay and explain how managers classify manufacturing costs.
Domestic Demand
The sum of all requests for goods and services in a country.
World Price
The international market price of a commodity, determined by global supply and demand.
Per-Unit Tariff
A fixed fee charged by a government on a specific good imported into the country, assessed on a per unit basis.
Voluntary Export Restriction
A self-imposed limitation by exporting countries on the volume of their exports to another country, often to avoid stricter trade barriers.
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