In World System Theory, Nations Such as Afghanistan and Ethiopia

question 23

Multiple Choice

In world system theory, nations such as Afghanistan and Ethiopia that are at the very edge of the world economy and have very little to offer it are called ________.

• A) core nations
• B) semiperiphery nations
• C) periphery nations
• D) interstitial nations

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Definitions:

Coupon Rate

The proportion of the bond's face value that is paid as interest each year, expressed in percentage terms.

Par Value

The issuer-designated value of a bond, share of stock, or coupon, known as its nominal or face value.

Annual Interest Payment

The total amount of interest paid over one year on a loan, bond, or other financial instrument.

Debtor To Creditor

A financial ratio that compares the amount of debt a company owes to the amount it owes to creditors; often used to evaluate a company's financial leverage.