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Most developing countries have low population growth rates, and generally have little differences in income.
Endorses
To endorse is to support, approve, or recommend something, or in the context of checks, to sign the back of a check to authorize its transfer or cashing.
Dishonor
Refers to the refusal by a bank to pay a check or draft presented for payment, usually due to insufficient funds.
Ratification
The approval or formal sanctioning of an agreement or act, often making it officially valid.
Unauthorized
Actions or access that have not been approved or given consent by the proper authority.
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