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Which of the Following Will Create Expanding Demand, Particularly for Industrial

question 29

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Which of the following will create expanding demand, particularly for industrial goods and business services, in Latin America?


Definitions:

Coinsurance

An insurance policy provision under which the insurer and the insured share costs, after the deductible is met, according to a specific formula.

Insured

A person or entity covered by an insurance policy, protecting them against financial loss from specified risks.

Insurer

A company or entity that provides insurance coverage to policyholders in exchange for premiums.

Deductible

An amount that a policyholder must pay out of pocket before an insurance company will cover any expenses.

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