What Does the Columbian Exchange Refer To

question 40

Multiple Choice

What does the Columbian exchange refer to?

• A) Columbus's trade with the Arawaks and Caribs during his four voyages to the New World between 1492 and 1504
• B) The systematic exploitation of Africans and native Americans made possible by Columbus's voyages and subsequent European conquests
• C) The expansion of the slave trade to the New World
• D) The movement of peoples, plants, animals, manufactured goods, precious metals, and diseases between Europe, Africa, and the New World

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Definitions:

Financial Position Date

A specific date on which the financial state of an entity is assessed, encompassing its assets, liabilities, and equity positions.

Cash-flow Hedge

A form of hedge that protects against the variability in cash flows resulting from changes in currency rates, interest rates, or commodities prices.

Fair-value Hedge

A hedging strategy aimed at offsetting changes in the fair value of an asset or liability or an identified portion of such an asset or liability.

Other Comprehensive Income

Earnings that are not part of net income, arising from activities outside of the ordinary operations, and reported separately in equity.