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As a Result of the China-Europe Trade Imbalance, European Nations

question 13

Multiple Choice

As a result of the China-Europe trade imbalance, European nations sought to acquire needed resources in order to participate fully in the world economy of that time. The major advantage they had-advanced weaponry and strong military strategies-resulted in what lasting legacy?


Definitions:

Deposit Reached

Achieving the required minimum amount of money in an account to fulfill a particular condition.

Deposit Value

The amount of money placed in an account or invested, which can earn interest over time.

Interest Rate

The fraction at which a lender charges interest to a borrower for the amount of money lent.

Investment Guaranteed

A financial product promising the return of the principal amount plus predetermined earnings, minimizing risk for the investor.

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