Which of the Following Is NOT an Effect of the European

question 318

Multiple Choice

Which of the following is NOT an effect of the European slave trade?

• A) Twelve million Africans were captured and sold.
• B) Africans continue to enslave each other, even today.
• C) Africans were made dependent on European goods and technologies.
• D) The Caribbean and North American economies were glutted with too much labor.

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Definitions:

Out Of The Money

Describes an options contract that would not yield a profit if exercised at the current market level.

In The Money

Describes an option with an intrinsic value where a call option's strike price is below the market price of the underlying asset or a put option's strike price is above.

Time Value

The additional amount an investor is willing to pay for an option above its intrinsic value, based on the time remaining until its expiration.

Put Option

A financial contract that gives the holder the right, but not the obligation, to sell a specified amount of an underlying asset at a set price within a specified timeframe.