Match the vocabulary term with the correct definition.
1. economies of scale
2. financial capital
3. franchise
4. grant
5. depository institution
decreasing the average cost of each good as output increases
monetary aid given by another organization (such as the government or corporation)
money used for investment
financial institution whose funds come mainly from deposits
permission granted to other people to sell a business's goods or services

Why would nations in latin america be part of a mostly arab cartel group known as opec? a) latin america refused to do business with countries that were not part of opec. eliminate b) natural resources such as oil are a major economic development for some latin american countries. c) latin america has a long history of distrust of the united states and fears a take-over of oil fields. d) latin american nations such as venezuela needed in getting natural resources to other parts of the world. 15