What Did Britain Attempt to Do in Order to Maintain

question 21

Multiple Choice

What did Britain attempt to do in order to maintain its industrial monopoly?

• A)Export fewer goods to continental countries.
• B)Prohibit industrial artisans from going abroad.
• C)Limit financial investment overseas.
• D)Increase tariffs to keep out foreign manufactured goods.
• E)Permanently dismantle its empire.

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Definitions:

Buyers

Individuals or entities that purchase goods or services from the market for consumption or use.

Tax

Mandatory financial charges imposed by a government on individuals, corporations, or additional legal entities to fund public expenditures.

Price

The monetary value or amount that must be given in exchange for a good or service.

Tax

Mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization in order to fund government spending and various public expenditures.