Data Presented in the Text Compare Exports Per Capita in the Early

question 29

Multiple Choice

Data presented in the text compare exports per capita in the early 1790s with exports per capita just prior to the Revolution.  The data show that by the early 1790s, exports per capita had increased in _____________, but had decreased in ___________________.

• A) the Upper South; the Lower South
• B) the Upper South; New England
• C) New England; the Middle Atlantic states
• D) the Middle Atlantic states; the Upper and Lower South

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Definitions:

NPV

A valuation method that calculates the net value of an investment by discounting future cash flows back to their present value.

Yen

The official currency of Japan, symbolized as ¥, and one of the most traded currencies in the foreign exchange market.

Cash Flows

The net amount of cash and cash-equivalents being transferred into and out of a business, vital for assessing the financial health of an entity.

NAFTA

The North American Free Trade Agreement, which was a treaty between the United States, Canada, and Mexico aimed at eliminating trade barriers between the countries.