A Large-Scale Influx of Foreign Capital into Latin America Did

question 41

Multiple Choice

A large-scale influx of foreign capital into Latin America did not occur in the first half of the nineteenth century because

• A) severe depressions in Europe restricted export of capital from that area.
• B) political disorder in Latin America discouraged foreign investment.
• C) European capitalists preferred to send their capital to Africa and Asia.
• D) Latin American nationalistic legislation discouraged foreign investment.

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Definitions:

M/M/S

A queuing model notation representing a system with exponential service times, exponential interarrival times, and S servers.

Average Number

Represents the mean or central value of a set of numbers, calculated by dividing the sum of all the values by the number of values.

Poisson Distribution

A probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space.

Negative Exponential Distribution

A probability distribution used to model time between events in a Poisson process, indicating a constant rate of occurrence.