All of the Following Were True of Ethiopia in the 15th

question 36

Multiple Choice

All of the following were true of Ethiopia in the 15th and 16th centuries EXCEPT:

• A) The Ethiopian economy was based on plow-based agriculture, with the king controlling a trade in gold, ivory, animal skins and slaves.
• B) By the early 16th century, Ethiopians were contending for a port on the Red Sea with the Muslim sultanate of Adal.
• C) The Portuguese aided Ethiopia in its war with Adal.
• D) The Ottoman Empire at first aided Adal, but eventually retreated when faced by Ethiopian determination and Portuguese military might.

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Definitions:

Indirect Transfer

The movement of goods or services through an intermediary before reaching the final consumer, rather than a direct transaction from producer to consumer.

Treasury Bills

Short-term government securities issued at a discount from the face value, maturing in one year or less, used as a tool for managing national finance.

U.S. Treasury

The federal department responsible for managing government revenue, issuing currency, and executing fiscal policy in the United States.

Money Market Instrument

Short-term financial instruments that include treasury bills, commercial paper, and certificates of deposit, typically with high liquidity and low risk.