What Was the Key Reason the Dutch Were Able to Maintain

question 19

Multiple Choice

What was the key reason the Dutch were able to maintain a vast overseas empire?

• A)They were considered the Master of the Seas.
• B)They set-up and maintained colonial possession throughout the world.
• C)They had a large urban population able to support exploration.
• D)They created a private firm chartered by the government to control the monopoly on the Pacific Ocean trade.
• E)They were a satellite of the Spanish with access to the vast Spanish Armada to protect their trade routes.

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Definitions:

Equity Method

An accounting technique used to record investments in which the investor has significant influence over the investee, typically involving adjusting the value of the investment over time to reflect shared profits or losses.

Equity Method

An accounting technique used to record investments in other companies, wherein the investment is initially recorded at cost and subsequently adjusted to reflect the investor's share of the investee’s net assets and income.

Intra-Entity Inventory Sales

Transactions involving the sale of inventory items between divisions or departments within the same company.

Upstream

In the oil and gas industry, activities related to exploration and production of oil and natural gas.