Where Did Washington First Justify Military Intervention on Humanitarian Grounds

question 52

Multiple Choice

Where did Washington first justify military intervention on humanitarian grounds?

• A) Haiti.
• B) Somalia.
• C) Grenada.
• D) The Dominican Republic.

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Definitions:

Dominant Price Leader

A firm that has the biggest market share in an industry and whose price changes are usually followed by other firms in the market.

Oligopoly

A market structure characterized by a small number of firms which dominate the market, leading to limited competition and potentially higher prices for consumers.

Price Leadership

A form of oligopoly in which one dominant firm sets prices and all the smaller firms in the industry follow its pricing policy.

OPEC Cartel

An organization of oil-producing countries that coordinates and unifies petroleum policies to secure fair and stable prices for petroleum producers.