According to _____,Developing Countries Can Grow Faster Than Developed Countries

question 116

Multiple Choice

According to _____,developing countries can grow faster than developed countries and should be able to eventually close the gap between them.

• A)the integration theory
• B)the convergence theory
• C)the confluence theory
• D)the merger theory
• E)game theory

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Definitions:

S Corporation

A type of corporation in the United States that meets specific Internal Revenue Code requirements and is taxed differently, passing income directly to shareholders.

Shareholders

Individuals or entities that own shares in a corporation, giving them certain rights and interests in the company.

Ultra Vires Act

Actions conducted by a corporation's management or board that are beyond the scope of its powers as defined by its charter or the law.

Express and Implied Powers

Authorities of a governmental or organizational body that are explicitly stated (express) or inferred through conduct (implied).