Which Term Best Summarizes the Primary Motivation Shared by the Founders

question 52

Multiple Choice

Which term best summarizes the primary motivation shared by the founders of the New England colonies?

• A) Ethno-cultural
• B) Economic
• C) Social
• D) Religious
• E) Adventurousness

---

Definitions:

Absolute Purchasing Power Parity

A theory in economics that suggests that in the absence of transaction costs and official barriers, the price of identical products sold in different countries should be the same when translated to a common currency.

Trade Barriers

Measures implemented by governments to restrict international trade, often aimed at protecting domestic industries.

Primary Currencies

The most widely used and traded currencies in the global foreign exchange markets, such as the US Dollar, Euro, and Japanese Yen.

Foreign Exchange Market

A global market for trading currencies against one another, determining the exchange rates.