Why Was the Southern African Development Community (SADC) Founded

question 16

Multiple Choice

Why was the Southern African Development Community (SADC) founded?

• A)to foster increased economic and governmental stability
• B)to gain better medical facilities in Africa
• C)to gain more positive global recognition
• D)to facilitate global communication

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Definitions:

Futures Contract

A standardized legal agreement to buy or sell an asset at a predetermined price at a specified time in the future.

Portfolio's Beta

A measure of a portfolio's sensitivity to market movements, indicating how much the portfolio's value is expected to change with a change in the overall market.

S&P500 Value

Refers to the total market value of all stocks listed in the Standard & Poor's 500 Index, a commonly used representation of the U.S. equity market.

Futures Position

A commitment to buy or sell a specified amount of a commodity or financial instrument at a predetermined price at a specified time in the future.