Match Each Description with the Item Below

question 58

Multiple Choice

Match each description with the item below.
-Walter Reed

• A)was secretary of state under McKinley and Roosevelt and called the Spanish-American War "a splendid little war"
• B)was a presidential candidate in 1900 who condemned the conflict with Filipino nationalists as "an unnecessary war"
• C)wrote Our Country and applied the concept of "natural selection" to American foreign policy
• D)negotiated an agreement with Japan concerning the future of Korea and was said to practice "dollar diplomacy"
• E)led a nationalist rebellion against American forces in the Philippines and was named president there
• F)owned the New York Journal and believed in the power of newspapers to shape public opinion and legislation
• G)proved that mosquitoes carry yellow fever and led a commission that helped enable effective control of the disease
• H)wrote The Influence of Sea Power upon History and was president of the U.S. Naval War College
• I)opposed the growth of American influence in Hawaii but was overthrown by haoles
• J)captured Manila Bay without having any soldiers go onshore

Understand the role of exchange rates and balance of trade in international economics.

Evaluate the arguments for and against free trade.

Assess the economic implications of trade deficits and surpluses.

Understand the role of government revenue generation through tariffs.

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Definitions:

Consolidated Balance Sheet

A financial statement that shows the aggregated financial position of a parent company and its subsidiaries.

Minority Interests

Shareholders' equity in a subsidiary not wholly owned by the parent company, representing minority shareholders' proportion.

Consolidation Adjustments

Adjustments made to the financial statements when combining the financial information of a parent company and its subsidiaries to prepare consolidated financial statements.

Consolidated Financial Statements

Financial reports that aggregate the financial position, results of operations, and cash flows of a parent company and its subsidiaries into one document.