Some Theorists Have Suggested That Capitalistic Countries Will Adopt Elements

question 38

Multiple Choice

Some theorists have suggested that capitalistic countries will adopt elements of socialism, and socialist countries will adopt elements of capitalism. What is this idea called?

• A) integration hypothesis
• B) reconciliation hypothesis
• C) parallel hypothesis
• D) convergence hypothesis

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Definitions:

Oil Company

An enterprise engaged in the exploration, extraction, refining, and selling of oil and petroleum products.

Seasoned Offerings

The issuance of additional shares by a company whose shares are already publicly traded.

Leveraged Buyouts

Acquisition of a company using a significant amount of borrowed money (debt) to meet the cost of acquisition.

Proxy Contests

Attempts to gain control of a firm by soliciting a sufficient number of shareholder votes to replace existing management.