All of the Following Is True of the Trade Between

question 20

Multiple Choice

All of the following is true of the trade between Portuguese mariners and the kingdom of Benin EXCEPT:

• A) The king of Benin allowed the Portuguese to build a fort on the coast in 1487.
• B) At first the trade consisted of an exchange of palm oil, ivory, woolens, beads, pepper and slaves in exchange for European guns, powder, metalware, salt, and cottons.
• C) When a later king ordered the halt of the slave trade, the Portuguese agreed, and turned to European sources of labor.
• D) The admission of missionaries and Portuguese envoys allowed members of the royal court to learn about Portuguese culture.

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Definitions:

Market Risk

The potential for investment losses stemming from elements that impact the general functioning of the financial markets.

Unique Risk

The risk specific to an individual investment or small group of investments, often reducible through diversification.

Time Horizon

The duration for which an investment is anticipated to be maintained prior to its sale.

Investment Period

This term refers to the span of time during which an investor holds onto a specific security or portfolio of investments with the goal of achieving their investment objectives.