The President Is Considered to Have a "First Mover" Advantage

question 17

Multiple Choice

The president is considered to have a "first mover" advantage when involved in treaty making because:

• A) the United States is the most powerful nation in the world, giving the president an advantage when negotiating with foreign leaders.
• B) leaders in Congress have a more difficult time agreeing on treaties with foreign leaders than the president does.
• C) while congressional leaders can initiate treaties, only the president has the power to ratify treaties.
• D) Congress cannot initiate treaties and can only consider them once they have been negotiated by the president.
• E) the president has constitutional authority to initiate and negotiate treaties whereas the Congress only has statutory authority.

Determine the systematic risk of a portfolio and how different weightings of assets affect it.

Utilize the Capital Asset Pricing Model (CAPM) to estimate the expected market return and the return on individual securities.

Analyze the relationship between risk-free rate, market risk premium, and the expected rate of return on stocks using the concept of beta.

Assess the influence of economic states (boom, normal, recession) on the expected return and risk (standard deviation) of stocks.

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Definitions:

Coalition

An alliance formed by two or more individuals or groups against another individual or one or more groups to achieve certain ends.

Oppression

The systemic and pervasive exercise of power by one group over another, leading to the latter's disadvantage and injustice.

Economic Inequality

The unequal distribution of wealth, income, or resources among individuals or groups within a society.

Income

Income is the financial gain or earnings received by an individual or household from work, investments, or other sources during a given period of time.