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Scenario: Donna Bader, Globalization Opponent
Donna Bader spent her final year at college studying the effect of various economic factors on the economy of developing nations. Based on the results of her study, she concluded that globalization does these countries more harm than good.
-Which of the following statements,if true,strengthens Donna's argument?
Liabilities
Financial obligations or debts owed by a person or company to others.
Taxation Principle
The guidelines governing how taxes should be levied on individuals and businesses in a fair and efficient manner.
Tax Revenue
The income that is gained by governments through taxation from individuals and businesses.
Economic Income
The total value of all income generated by the assets of an individual or organization, including both realized and unrealized gains.
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