The ____ Countries Are Former Colonies That Are Poor and Are

question 47

Multiple Choice

The ____ countries are former colonies that are poor and are major sources of raw materials and cheap labor.

• A)regional
• B)peripheral
• C)semiperipheral
• D)transnational
• E)global

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Definitions:

Preferred Stock

A class of stock that has a higher claim on assets and earnings than common stock, often with fixed dividends.

Annual Dividend

The total amount of money paid to shareholders from a company's profits over the course of a year per share of stock.

Floatation Costs

Expenses incurred by a company in issuing new securities, including underwriting fees and legal and administrative fees.

Cost of Retained Earnings

The rate of return that shareholders expect on the earnings that a company keeps and reinvests in its operations.