In Bipolar Systems,alliances Are Long-Term Relationships Based on Interests,whereas in Multipolar

question 44

True/False

In bipolar systems,alliances are long-term relationships based on interests,whereas in multipolar balance-of-power systems,alliances are short-term relationships formed for a specific purpose.

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Definitions:

Firm Commitment Underwriting

A type of underwriting in which an underwriter commits to buying all the securities offered by the issuer and assumes full financial responsibility for any unsold securities.

Underwriting Syndicate

A group of underwriters who come together to share the financial risk of underwriting large transactions, such as issuing new securities.