Which of the Following Is True of the "Pivot" Announced

question 63

Multiple Choice

Which of the following is true of the "pivot" announced by President Obama to East Asia in 2012?

• A) It helped China secure many islands in the East China Sea.
• B) It involved removing naval resources from East Asia.
• C) China accepted the "pivot" and withdrew troops from Vietnam.
• D) It involved negotiating reduced security relationships with area nations.
• E) China responded to the "pivot" by accusing the United States of trying to "contain" China.

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Definitions:

Equity Method

An accounting technique used to record investments in which an investor has significant influence but does not have majority control, representing the investment's value based on the investor's share of the investee's equity.

Open Market

A system where securities, commodities, or currencies are traded freely between buyers and sellers, with prices based on supply and demand.

Common Shares

Equity securities that represent ownership in a company, entitling holders to a share of the corporation's profit via dividends and voting rights.

Investment Sold

The act of disposing of an investment asset, which can include stocks, bonds, or real estate, usually to generate cash or realize gains.