What Was the Status of U

question 15

Multiple Choice

What was the status of U.S.exports by the end of the 1780s?​

• A)They had declined by 25 percent.
• B)They returned to approximately their pre-Revolutionary level.
• C)​They had increased by about 10 percent.
• D)​They surpassed those of Great Britain.
• E)​They reached a level equal to those of France.

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Definitions:

Calendar Year

The period of time from January 1 to December 31 in the Gregorian calendar.

Sales Estimate

An approximation of the number or monetary value of sales that a company expects to achieve within a certain period.

Cash-Out Situation

A scenario where an investor or business needs to liquidate assets or securities to cover liabilities or other cash needs.

Collection Period

The amount of time it takes for a business to receive payments owed by its customers.