Which of the Following Correctly Describes the Actions France Took

question 18

Multiple Choice

Which of the following correctly describes the actions France took at the end of the Seven Years' War?

• A) It was determined to expand its colonies in North America.
• B) It ceded the Louisiana territories to Spain.
• C) It set the enslaved Africans in its Caribbean colonies free.
• D) It developed the premier banking system in Europe.
• E) It became more powerful in India, limiting the power of the British East India Company.

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Definitions:

Economy's Capacity

The maximum level of output that an economy can sustain over a period of time without increasing inflation.

Bowed Outward

A description of a production possibility frontier that displays increasing opportunity costs as more of one good is produced.

Specialized Resources

Inputs in the production process that have specific uses and are not easily adaptable to other types of production.

Comparative Advantage

The capacity of a person, business, or nation to create a product or offer a service with a smaller opportunity cost compared to its rivals.