The US Saw Vietnam as Strategically Important Because

question 8

Multiple Choice

The US saw Vietnam as strategically important because

• A) Of its economic ties to Europe
• B) Of its historic friendship with China
• C) Its oil reserves were key to fueling the war in Korea
• D) Its fall to communism could begin a domino effect of communist takeovers in other Southeast Asian countries

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Definitions:

Capital Account

An account used for a proprietorship that represents the owner’s equity.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholder equity at a specific point in time.

Balance Sheet Columns

The sections of a balance sheet which typically include assets, liabilities, and shareholders' equity.

Drawing Account

An account used to record withdrawals made by a business owner or partner from the company for personal use.