Locate the FALSE Statement About the Relationship Between Developed and Developing

question 6

Multiple Choice

Locate the FALSE statement about the relationship between developed and developing countries:

• A)The United States,Japan and Europe achieved world dominance by appropriating third-world resources
• B)The foremost area of underdevelopment is agricultural production
• C)Core nations encourage peripheral nations to standardise their crops,use fertilisers and pesticides and mechanise agriculture to create dependency
• D)World prices of manufactured goods fluctuate much more widely than prices of agricultural products

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Definitions:

Times Interest Earned

A financial ratio measuring a company's ability to meet its interest obligations from operating earnings, calculated as income before interest and taxes divided by interest expense.

Interest Expense

The financial outlay associated with an entity's use of borrowed resources over time.

Times Interest Earned Ratio

A financial metric used to measure the company's ability to meet its debt obligations by comparing its income before interest and taxes to its interest expenses.

Interest Expense

The cost incurred by an entity for borrowed funds, typically reflected in income statements as a cost of financing operations.