The Soviet Collectivization of Agriculture and the Growing Demand for Food

question 55

Multiple Choice

The Soviet collectivization of agriculture and the growing demand for food in expanding cities

• A) caused an improvement in rural living standards.
• B) made it possible for nearly every farmer to own a tractor.
• C) caused a rural famine in which some five million people died.
• D) caused an urban famine, as farmers insisted on charging high prices for food.
• E) made the kulaks even more important to Soviet agriculture.

Understand the concepts of spot and forward exchange rates and their implications on international trade and investment.

Identify factors unique to international investments, including exchange rate risk, political risk, and economic risk.

Calculating exchange rates and understanding the implications of exchange rate movements on international business transactions.

Describe the foreign exchange market structure and its function in facilitating global trade.

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Definitions:

Central Intelligence Agency

A civilian foreign intelligence service of the federal government of the United States, tasked with gathering, processing, and analyzing national security information.

White House

The official residence and workplace of the President of the United States, located at 1600 Pennsylvania Avenue NW in Washington, D.C.

Bin Laden

Osama bin Laden was the founder of al-Qaeda, the terrorist organization responsible for the September 11 attacks on the United States and numerous other acts of terrorism.

George W. Bush

The 43rd President of the United States, serving from 2001 to 2009, known for his leadership during the September 11 attacks and initiating the Iraq War.