Emperor Franz Joseph

question 27

Multiple Choice

Emperor Franz Joseph

• A)was a hard-working and cosmopolitan ruler, beloved throughout the Austro-Hungarian Empire.
• B)was a fervent German nationalist who sought the assimilation of his Slavic subjects.
• C)served as a figurehead monarch, similar to the British monarch.
• D)reigned very briefly before being overthrown.
• E)was able to conciliate the forces of liberalism and nationalism.

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Definitions:

Financial Account Deficit

A situation where a country's financial outflows to other countries exceed the inflows from them.

Current Account Surplus

A situation where a country's earnings from exports exceeds its spending on imports, leading to net positive income from foreign transactions.

Balance of Trade

The net difference in value between a country's exports and imports over a certain period.

Balance on Capital Account

A national accounting measure that records all transactions for foreign investments and loans going in and out of a country.