You Buy a Car from Germany.This Constitutes an

question 27

Multiple Choice

You buy a car from Germany.This constitutes an

• A)export for the U.S.and an import for Germany.
• B)import for the U.S.and an export for Germany.
• C)export for Germany and an import for the U.S.
• D)import for Germany and an export for the U.S.

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Definitions:

1932 Elections

A pivotal presidential election in the United States, leading to Franklin D. Roosevelt's victory, marked by the context of the Great Depression and significant shifts in political allegiances.

Democrats

Members or supporters of the Democratic Party, one of the two major contemporary political parties in the United States, traditionally representing liberal and progressive policies.

Presidency

Refers to the executive head of state role, typically in charge of the executive branch of government in a republic or a democracy.

Glass-Steagall Act

Enacted in 1933, this Act separated commercial banking from investment banking and created the Federal Deposit Insurance Corporation (FDIC) to protect bank deposits.