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D Eveloping Countries Rely Heavily on Income from the Export

question 63

True/False

D eveloping countries rely heavily on income from the export of a handful of primary commodities, which are raw materials such as fruits and ores whose extraction or harvest needs little processing before use.

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Definitions:

Indirect Method

A method of calculating cash flows from operating activities in the cash flow statement by adjusting net income for changes in balance sheet items.

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