Vast Differences in Natural Resources Create All of the Following

question 96

Multiple Choice

Vast differences in natural resources create all of the following EXCEPT:

• A) potential for military intervention
• B) shifts in wealth between nations
• C) inflation and recession
• D) global dependencies
• E) export opportunities for countries with no natural resources

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Definitions:

Net Income

The total profit or loss of a company after all expenses, including taxes and interest, have been deducted from total revenue.

December

The twelfth and final month of the year in the Gregorian calendar, frequently associated with end-of-year summaries and holiday seasons.

Merchandise Purchases

The total cost of goods bought for resale during an accounting period.

Raw Materials

The basic materials and components required in the manufacturing process to produce finished goods.