Surprisingly, It Appears That by the End of the 18^th

question 40

Multiple Choice

Surprisingly, it appears that by the end of the 18^th century, the British had

• A)decided to do away with slavery in the British Isles.
• B)decided to put most of its colonizing efforts into the Indian subcontinent.
• C)developed a conscience about slavery.
• D)been convinced by the French that they should get out of the slave business.
• E)already stopped the slave trade, Parliament having passed a law against it in the same year that the United States ended the Civil War.

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Definitions:

Strong Form

Strong form is a type of efficient market hypothesis that suggests all information, both public and private, is fully reflected in stock prices, making it impossible to consistently achieve higher returns.

EMH

Efficient Market Hypothesis, the theory that all available information is already reflected in stock prices, and it is impossible to consistently achieve higher returns.

Insider Information

Knowledge about a company's activities or financial condition that has not been made public and that can provide a financial advantage in the market.

Inefficient Market

A market in which asset prices do not always accurately reflect all available information, potentially allowing investors to earn abnormal returns.