In the 1962 Cuban Missile Crisis,the

question 8

Multiple Choice

In the 1962 Cuban missile crisis,the

• A) Cubans attempted to install defensive nuclear weapons.
• B) United States ordered a naval and air blockade of Cuba.
• C) United States made an air attack on Cuban missile sites.
• D) Soviet Union launched a missile at an American naval destroyer.
• E) Soviet Union attempted to invade Cuba.

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Definitions:

Credible Threat

A declaration or signal that one will take some negative action if conditions are not met, and it is believable and capable of being executed.

Oligopolistic Situation

A market condition where a few companies have the majority of market share and control over pricing.

Barriers to Entry

Factors that make it difficult for new firms to enter a market, often leading to reduced competition.

Dominant Strategies

Strategies in game theory that are preferable regardless of the opponent's actions, leading to a stable solution.