Why Did Advisers Convince Kubilai to Allow the Chinese to Continue

question 32

Multiple Choice

Why did advisers convince Kubilai to allow the Chinese to continue growing crops?

• A)The farmers would have a crop to export.
• B)The farmers could produce tribute for him.
• C)The farmers could provide for their own needs rather than relying on the Mongols.
• D)The farmers could feed the Mongols.
• E)The farmers could feed themselves.

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Definitions:

Liquidity

Liquidity describes the ease with which an asset, or security, can be converted into ready cash without affecting its market price.

Time Horizon

The length of time over which an investment is expected to be held before it is liquidated.

Risk Tolerance

An investor's capacity and willingness to endure market volatility and bear potential financial losses.

Return Requirements

The minimum expected rate of return on an investment, dictating the level of risk investors are willing to accept.