Which of the Following Does NOT Illustrate Nigeria's Standing in the Global

question 58

Multiple Choice

Which of the following does NOT illustrate Nigeria's standing in the global economy?

• A) Nigeria is the largest economy in the West African subregion.
• B) Nigeria is the only African member of the G20 grouping, an annual convention of the world's largest economies.
• C) Despite its oil revenues, Nigeria remains dependent on Western countries, as well as China, for finance capital and production technologies.
• D) Nigeria's dependence on oil revenues makes its economic development susceptible to boom and bust cycles.
• E) Nigeria is a major player in the global energy market, producing some 2 million barrels of oil daily, most of it for export.

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Definitions:

Conservative Judges

Judges who tend to adhere to traditional values and principles in making legal decisions, often favoring judicial restraint over activism.

Centrist Judges

Judges who hold moderate views, avoiding extreme positions or decisions in the interpretation of law.

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A savings certificate issued by a bank to a person depositing money for a specified length of time at a fixed interest rate.

Bond

A financial instrument representing a loan made by an investor to a borrower, typically a corporation or government.