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An Authorised Deposit- Taking Institution Is a Firm That Takes

question 47

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An authorised deposit- taking institution is a firm that takes deposits from _ and makes loans to .


Definitions:

Colonialism

The practice of acquiring full or partial political control over another country, occupying it with settlers, and exploiting it economically.

Globalization

A process by which businesses, cultures, and information spread internationally, leading to a more interconnected world.

Peripheral Capitalist Country

A term used in world-systems theory to describe countries that are not dominant in the global economy, often exploited for their resources by more developed countries.

Core Capitalist Country

A highly developed, industrialized country that is a central force in the global economic system.

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