Which of These Is a Characteristic of a Failed State

question 14

Multiple Choice

Which of these is a characteristic of a failed state?

• A)too much control over its own territory
• B)large flows of refugees
• C)lack of inflation
• D)providing only basic services

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Definitions:

Transaction Costs

The expenses incurred when buying or selling securities, including broker fees and taxes.

Futures Markets

Competitive marketplaces where parties can trade standardized futures contracts; that is, legal agreements to buy or sell something at a predetermined price at a specified time in the future.

Leverage

The use of borrowed funds or financial instruments to increase the potential return of an investment, which can also magnify the potential for loss.