One Result of Economic Dependency in Latin American Countries Has

question 33

Multiple Choice

One result of economic dependency in Latin American countries has been the frequent protests that have often been led by

• A) military men.
• B) industrial workers.
• C) Marxist socialists.
• D) reform leaders pushing for implementation of a corporate state a la Marx.
• E) revolutionaries eager to toss out the current government and begin a rapid return of the land to its rightful owners.

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Definitions:

Consolidated Financial Statements

Financial statements that aggregate the financial condition and operations of a parent company and its subsidiaries into one document, as if they were a single entity.

Book Values

The value of an asset according to its balance sheet account balance, taking into account the cost of the asset minus any depreciation.

Fair Values

The amount one would expect to get from selling an asset or the cost to transfer a liability, in a structured deal involving participants in the market on the date it's evaluated.

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its identifiable tangible and intangible assets.