If a Developing Country Signed a Two-Year Contract with a Private

question 26

True/False

If a developing country signed a two-year contract with a private soil science firm to make a soil survey of the entire country (about 1 million square kilometers),the survey stipulated would likely be a first or second order survey.

---

Definitions:

Nonfinancial Businesses

Nonfinancial businesses are companies that primarily focus on producing goods and providing services unrelated to the financial services sector.

Real Asset(s)

Physical or tangible assets that have intrinsic value due to their substance and properties, such as real estate, commodities, and natural resources.

Primary Market

The financial market for new securities issues, where corporations sell new stocks and bonds directly to investors.

New Issues

Securities that are offered to the public for the first time through an initial public offering (IPO) or a secondary offering.