Senator Noitall Says That in Order to Help Poor Countries

question 88

Multiple Choice

Senator Noitall says that in order to help poor countries develop,the United States should: 1.Encourage poor countries to allow U.S.and other foreign firms to build and operate businesses in their country;2.Reduce or eliminate subsidies to U.S.producers when poor countries have a comparative advantage producing goods the U.S.subsidizes;3.Work to promote political stability in poor countries;and 4.Reduce poor countries reliance on market forces in their economies.How many of these ideas are likely to help poor countries grow?

• A)1
• B)2
• C)3
• D)4

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Definitions:

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, including the balance sheet, income statement, and cash flow statement.

Assets

Resources owned or controlled by a company that are expected to produce economic value or future benefits.

Stockholders' Equity

The residual interest in the assets of a corporation after deducting liabilities, often referred to as shareholders' equity or owners' equity.

Bond Issuance Costs

Costs related to issuing bonds and debt securities, such as underwriting fees, legal fees, and registration fees, which are amortized over the life of the bond.