In the 1850s, What Did Filibusters Like William Walker Do

question 44

Multiple Choice

In the 1850s, what did filibusters like William Walker do?

• A) They talked unceasingly in Congress to prevent the passage of any antislavery legislation.
• B) They spoke on behalf of the Ostend Manifesto.
• C) They led bands of proslavery "ruffians" into Kansas to vote illegally for a proslavery state legislature.
• D) They conducted raids across the border between Canada and Oregon, in an attempt to retake "lost" territory.
• E) They organized unofficial military expeditions to Cuba and Central America.

---

Definitions:

Arbitrage

The method of earning profits by exploiting the price variances of an identical asset across diverse markets through concurrent purchase and sale.

Law of One Price

The economic theory that states that the price of an identical asset or commodity will have the same price globally when price differences account for exchange rates.

Yield to Maturity

The total return anticipated on a bond if the bond is held until it matures, incorporating both interest payments received and any gain or loss if the bond is bought at a discount or premium to its face value.

Zero-coupon Bond

A type of bond that does not pay interest during its life but is sold at a discount and matures at its face value.