The United States Was Willing to Tolerate Significant Trade Deficits

question 28

Multiple Choice

The United States was willing to tolerate significant trade deficits with which of the following countries during the Cold War, due to the strategic importance of this (these) country(ies) ?

• A) Korea
• B) Taiwan
• C) Japan
• D) Both options A and C are true.

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Definitions:

Compensatory Damages

Monetary awards to a plaintiff to compensate for a loss, injury, or harm suffered as a result of another's breach of duty or negligence.

Civil Rights Act of 1991

A significant piece of American legislation that was enacted to provide clearer guidelines and remedies against discrimination in employment on the basis of race, color, religion, sex, or national origin.

Racial Discrimination

Unfair treatment or prejudice against individuals or groups based on their race or ethnicity.

Title VII

A section of the Civil Rights Act of 1964 that prohibits employment discrimination based on an individual's race, color, religion, gender, or national origin.