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What is the effect of financial distress and taxation on gearing?
Spanish America
Refers to regions in the Americas that were once part of the Spanish Empire, known for their shared Spanish cultural and historical heritage.
Peninsulares
Individuals born in Spain who lived in the Spanish American colonies, often holding high administrative positions and having significant social and economic advantages.
Spanish Empire
A historical global empire, based primarily in the Americas and Europe, that was one of the world's most powerful during the 16th to 18th centuries.
Catholic Priest
A ordained minister in the Catholic Church who has the authority to conduct religious ceremonies and deliver sacraments.
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