Are the Core and Periphery Geographically Isolated from One Another

question 5

Essay

Are the core and periphery geographically isolated from one another? Give an example of how a peripheral area can exist within a core nation and a second example of how a core area can exist within a periphery nation. How does the author account for this phenomenon?

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Definitions:

Insider Information

Confidential information about a company that has not been made public, which can give an advantage in financial trading.

Net Present Value

A method used in capital budgeting to evaluate the profitability of an investment or project by calculating the total value of its future cash flows discounted back to their present value.

Nominal Rate

The interest rate stated on a loan or investment agreement before any adjustment for inflation or other factors.

Inflation Rate

The percentage increase in the general level of prices for goods and services in a country over a period of time.