The Colonies as a Whole Had a Significant Commodity Import

question 41

Multiple Choice

The colonies as a whole had a significant commodity import deficit in their trade with England.  The least important source of foreign exchange earnings to offset this trade deficit was

• A) insurance charges and merchant commissions.
• B) the sale of ships.
• C) the sale of colonial shipping services.
• D) military and civic expenditures.

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Definitions:

Functionalism

A perspective in psychology that focuses on the purpose and adaptive functions of human thoughts, feelings, and behaviors.

Gestalt

A psychological theory that proposes organisms perceive entire patterns or configurations, not merely as individual components.

Structuralist

Structuralism is an approach in fields such as psychology which posits that elements of human culture must be understood in terms of their relationship to a larger, overarching system or structure.

Reductionist

A perspective or approach that simplifies complex phenomena by reducing them to their basic elements.