A country in South America has large reserves of copper and tin. Mining forms the pillar of its economy. A major part of its revenue is generated from exporting these resources. This country is poor in many other ways
It is a good market for large equipment, tools, supplies, and trucks. Since there are many foreign residents in this country and a wealthy upper class, it is also a market for luxury goods. This country most likely has a(n) ________ economy.
A) subsistence
B) raw material exporting
C) emerging
D) developed
E) industrial
B
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1. Power that states when a state passes a law that conflicts with the Constitution, the U.S. Supreme Court has the power to declare that state law unconstitutional and unenforceable a. Article I, Section 8
2. Power granted to Congress to coin and regulate money b. Article I, Section 10
3. Power granted to Congress to establish rules for naturalization and bankruptcy c. Supremacy Clause
4. Power granted to Congress to regulateforeign and interstate commerce d. Tenth Amendment
5. Prohibits states from passing ex post facto laws
6. Powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people
7. Power granted to Congress to establish copyright and patent protections
8. Power granted to Congress to collect taxes
9. Power granted to Congress to borrow money
10. Power granted to Congress to maintain a navy
On a purely theoretical basis, NPV is a better approach when selecting among two mutually exclusive projects
Indicate whether the statement is true or false