Developing Countries Sought a Third Alternative to Capitalism and Communism

question 94

Multiple Choice

Developing countries sought a third alternative to capitalism and communism via the Non-Aligned Movement.What was NOT a goal of that movement?

• A)Redress of perceived inequities in the relationship between the advanced industrial world and the developing world.
• B)Change to the state of economic ties between the developing world and the rest of the world.
• C)Change in the balance of power between the East and the West.
• D)Creation of more equitable ties between the North and the South.
• E)Increase of prices for primary resources such as oil,copper,and bauxite.

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Definitions:

Straight-Line Amortization

Straight-line amortization is a method of gradually reducing the cost of an intangible asset over its useful life in equal installments.

Bond Interest Expense

The cost incurred by an issuer of bonds for paying interest to bondholders.

Face Value

The nominal or dollar value printed on a financial instrument, such as a bond or stock certificate, representing its legal value.

Semiannually

A term that describes an event or action that occurs twice a year, typically every six months.