As a Result of a British and French Raid on Beijing

question 21

Multiple Choice

As a result of a British and French raid on Beijing in 1860, a newly created Chinese board, the Zongli Yamen, was to handle Qing ________, and the Chinese were invited to send their own ambassadors abroad.

• A) Foreign relations
• B) Naval development
• C) Opium importation
• D) Economic policy

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Definitions:

Interest Rate

The fee a lender imposes on a borrower for asset usage, represented as a proportion of the principal amount.

Note

An instrument of debt that specifies the terms under which monies are borrowed and must be repaid, including interest rates and due date.

Notes Receivable

Written promises for amounts to be received within a certain period, recognized as assets on the balance sheet.

Contingent Liability

A potential obligation that depends on a future event arising from past transactions or events.