Which of the Following Was NOT True of the Gulf

question 18

Multiple Choice

Which of the following was NOT true of the Gulf War of 1991?

• A) The major Arab countries sided with the United States against their fellow Arab country, Iraq
• B) The United States secretly encouraged Iraq to invade Kuwait in order to have a pretext to destroy Saddam Husayn and his weapons of mass destruction
• C) The United States was primarily concerned about access to oil
• D) Most of the 400,000 Palestinians living in Kuwait fled or were expelled as a result of the war

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Definitions:

Payback Period

The length of time required for an investment to recover its initial outlay in terms of profits or savings.

Operating Costs

Expenses associated with the daily operations of a business, including rent, utilities, and payroll, but excluding costs directly related to production.

Working Capital Investment

The funds invested in a company's short-term assets like inventory and receivables minus short-term liabilities, facilitating day-to-day operations.

Cash Inflows

Money received by a business from its operational activities, investments, or financing.