The Soviet Response to the Marshall Plan Was

question 62

Multiple Choice

The Soviet response to the Marshall plan was

• A) to eagerly embrace its offer of economic assistance.
• B) to reject it because it was an example of American economic and political imperialism.
• C) cautiously accept it but with the proviso that no aid should be given to Germany because of the latter's responsibility for causing World War II.
• D) accept aid for the Soviet Union but not to the other nations under Soviet control.
• E) establish its own equally-funded aid program.

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A company's total earnings or profit, calculated as revenue minus expenses, taxes, and costs.

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A shipping term indicating that the seller is responsible for the goods until they are delivered to the buyer's specified location, whereupon title and risk of loss pass to the buyer.

Revenue Recognition

The accounting principle dictating the specific conditions under which revenue is recognized or recorded.

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