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Evaluate the extent to which the Columbian Exchange marked a turning point in the history of the New World socially, culturally, and politically. In the development of your argument, explain what changed and what stayed the same from the period immediately before to the period immediately following the Columbian Exchange.
Fair Value Through Profit
A financial accounting treatment where changes in fair value of assets or liabilities are recorded in the profit or loss for the period.
Short-Term Investments
Investments that are expected to be converted into cash within one year and are often seen in the form of stocks, bonds, or certificates of deposit held by a company.
Trading Investment
Securities purchased by a company not for long-term holding but rather for generating profit from short-term price fluctuations.
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