Myanmar and Nigeria Have Been Cited in the Text as Examples

question 52

Multiple Choice

Myanmar and Nigeria have been cited in the text as examples of countries where:

• A)sanctions have been instrumental in toppling repressive regimes.
• B)democracy has been ushered in as a result of economic growth.
• C)the economy has grown as a result of foreign investment.
• D)investment cannot be justified on ethical grounds.

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Definitions:

Sole Ownership

Legal status where a single individual or entity retains exclusive ownership and control over property or a business.

Average Revenue

The amount of income generated per unit of sale or average price at which a product is sold.

Demand Curve

An illustrated chart depicting the correlation between a good or service's price and the amount consumers want to buy during a certain period.

Marginal Revenue

The additional income that a firm receives from selling one more unit of a good or service.