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The concept of the most-favored-nation status as was established by the WTO has eased into a new principle called _____ due to the large number of countries that are following this practice.
Manufacturing Overhead
Indirect factory-related costs incurred when a product is manufactured, including costs like maintenance, electricity, and equipment depreciation.
Indirect Cost
A cost that cannot be easily and conveniently traced to a specified cost object.
Factory Supervisor
An individual responsible for overseeing the production processes and workers within a manufacturing facility.
Direct Cost
A cost that can be easily and conveniently traced to a specified cost object.
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