Where Are Most Sweatshops Located

question 72

Multiple Choice

Where are most sweatshops located?

• A) Eastern Europe and East and South Asia
• B) Asia and Central and South America
• C) Asia and Africa
• D) Africa and South America

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Definitions:

Pretax Cost

The expense or cost of an investment or operation before the deduction of taxes.

Weighted Average Cost

An accounting method to determine the average cost of goods sold or produced, taking into account the varying costs over time.

Tax Rate

The percentage at which an individual or corporation is taxed, varying based on income level, type of good, or service, among other factors.

Leverage

The use of various financial instruments or borrowed capital, such as debt, to increase the potential return of an investment.