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Select the Appropriate Classification of Each of the Costs Listed

question 2

Multiple Choice

Select the appropriate classification of each of the costs listed below.Each classification may be used more than once, and it is possible that one or more of the classifications may not be used at all.
-Rent of machinery, under an existing contract

Definitions:

Exchange Rate System

The mechanism by which a country manages its currency in relation to other currencies, involving policies on currency valuation, exchange regimes, and market conditions.

Central Banks

Institutions that manage a country's currency, money supply, and interest rates. They oversee the commercial banking system of their respective countries.

Imports

Goods and services brought into one country from another for sale, which can impact a nation’s economy by influencing the balance of trade.

Exports

The selling of goods and services produced in one country to another country.