Which of the Following Did the Peace of Lodi (1454)

question 44

Multiple Choice

Which of the following did the Peace of Lodi (1454) accomplish?

• A) It established a truce between the kingdoms of Naples and Aragon and allied them against the Ottoman Turks.
• B) It put an end to the conflict between Venice and Milan that had been raging since 1450.
• C) It established permanent boundaries between the Papal States and the northern Italian city-states.
• D) It led to a truce between Venice and the Ottoman Empire and the division of the Adriatic Sea into separate zones for Venetian and Ottoman commercial traffic.

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Definitions:

Market Share

The portion of a market controlled by a particular company, measured by the volume or value of its sales compared to the total market.

Four-firm Concentration Ratio

The Four-firm Concentration Ratio measures the market share of the four largest firms within an industry, indicating the level of competition or market concentration.

Herfindahl Index

A measure of market concentration that squares the market share of each firm within an industry to estimate the industry's competitive landscape.

Big Three

A term typically used to refer to the three dominant firms in a specific industry or sector, often used to describe the top auto manufacturers in the United States.