All of the Following Are Correct About Trade and Commerce

question 53

Multiple Choice

All of the following are correct about trade and commerce in the eighteenth century EXCEPT

• A)international trade had become greater than trade within Europe.
• B)trade within Europe was still greater than overseas trade.
• C)there was a dramatic increase in trade between European nations and their colonies.
• D)the Atlantic trade contributed to the growth of European cities.
• E)overseas trade led to the growth of related industries, such as textile manufacturing.

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Definitions:

Reasonable Basis

A concept often used in law and regulations, referring to a well-founded rationale for decisions or actions.

Cease and Desist Order

A legal order issued by a government agency or court ordering a person or entity to stop engaging in a particular activity or behavior.

Half-Truth

Information that is true but is not complete.

Formal Administrative Complaint

A written document filed with a governmental or administrative body alleging a violation of rules, regulations, or laws, which then triggers an investigation process by the agency.