As a Result of England's Blockade of the European Coastline

question 52

Multiple Choice

As a result of England's blockade of the European coastline:

• A) American shippers stopped exporting goods to France
• B) hundreds of ships' cargoes were confiscated by the British
• C) Americans convinced President Jefferson to strengthen the navy
• D) merchant vessels were armed
• E) American businessmen paid bribes to the British and French navies

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Definitions:

Cognitive Biases

Systematic patterns of deviation from norm or rationality in judgment, whereby inferences about other people and situations may be drawn in an illogical fashion.

Behavioral Economists

Experts in a field of economics that combines insights from psychology to understand how people make economic decisions.

Faulty Heuristics

Cognitive shortcuts that lead to errors in judgment or decision-making due to biases or flawed logic.

Impulse Control

The ability to resist or delay an impulse, urge, or temptation to perform an action.