Which of the Following Systems of Voting Wastes the Most

question 24

Multiple Choice

Which of the following systems of voting wastes the most votes?

• A)first-past-the-post (FPTP)
• B)open-list proportional representation
• C)closed-list proportional representation
• D)semiproportional system

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Definitions:

Translation Rate

The rate used to convert financial statements of a foreign operation into the presentation currency of the reporting entity.

Foreign Currency

Currency that is used in a country other than the one where a company or individual is based.

Foreign Exchange

The conversion of one country's currency into another currency.

Functional Currency

The currency of the primary economic environment in which the entity operates and reports its financial statements.