Which of the Following Was Not a Reason Why Few

question 53

Multiple Choice

Which of the following was not a reason why few colonial Americans objected to the British navigation system after 1700?

• A) The restrictions stimulated the development of an American merchant marine and American maritime industries.
• B) Parliament never restricted products such as grain, livestock, fish, lumber, or rum, which accounted for 60 percent of colonial exports.
• C) Tobacco growers were given a monopoly of the British market.
• D) The regulations primarily burdened tobacco and rice exporters, whose income was reduced by less than 3%.
• E) Most American colonies were prosperous and self-sufficient and did not need commercial connections with England to pursue their internal economic development.

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Definitions:

Corporate Raiders

Investors who acquire a large stake in a corporation to effect significant changes, often with the goal of increasing shareholder value.

Hostile Takeovers

A type of acquisition where the target company does not want to be purchased and is taken over against its will by the acquiring company.

Premium Price

A price that is higher than the regular or standard price, often associated with goods of higher quality or insurance costs.

Forward Rate

is a financial term referring to a predetermined interest rate or currency exchange rate agreed upon for a transaction that will occur at a future date.