What Innovation in the Early 20th Century Started a New

question 48

Multiple Choice

What innovation in the early 20th century started a new age of communication?

• A)the distribution of newspapers across state lines
• B)the introduction of the Internet
• C)the introduction of broadcast radio and TV
• D)the introduction of mass-scale printing capabilities
• E)the introduction of print advertisements in magazines

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Definitions:

Mexican Pesos

The currency of Mexico, represented by the symbol $ or MXN, used for all financial transactions within the country.

Forward Contract

A customized contractual agreement to buy or sell an asset at a specified price on a future date, used to hedge against price movements.

Fair Value Hedge

A hedge of the exposure to changes in the fair value of an asset or liability, or an unrecognized firm commitment, that is attributable to a particular risk.

Thailand Bahts

The currency of Thailand, used as the standard monetary unit in the country.