One General Trend That Is Helping Developing Countries Become Self-Sufficient

question 10

Multiple Choice

One general trend that is helping developing countries become self-sufficient in food is

• A)the increased production of biofuels.
• B)decreased reliance on fossil fuels in the production of food crops.
• C)the outsourcing of manufacturing jobs from the developed to the developing world.
• D)a dramatic increase in the importation of mineral ores.

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Definitions:

Equal Payments

Payments of the same amount made over a specified period, commonly associated with loans or financing agreements.

Creditor

An individual, bank, or other entities that has lent money or extended credit to another party.

Compounded Quarterly

Calculation of interest every quarter where the interest added also earns interest in the next quarter, compounding the initial investment's growth.

Principal

Principal refers to the initial sum of money borrowed in a loan or the original amount invested, excluding any interest or dividends.