How Did the Political Division of Europe Most Encourage the Emergence

question 3

Multiple Choice

How did the political division of Europe most encourage the emergence of the modern world economy?

• A) led to competition between European states beyond European shores
• B) led to government regulation
• C) made trade subject to government regulation
• D) harnessed geopolitical competition between states to the economic interests of merchant capitalists

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Definitions:

Option Contract

A contract giving the buyer the right, but not the obligation, to buy or sell an asset at a specified price within a specific time frame.

Arabian Mare

A female horse of the Arabian breed, known for its endurance, speed, intelligence, and distinctively shaped head and high tail carriage.

Irrevocable

Something not capable of being changed or called back, often used in the context of trusts or certain decisions.

Payment

The act of giving money, goods, or other forms of value in exchange for products, services, or to fulfill a financial obligation.