The Bracero Program Initially Sought To

question 5

Multiple Choice

The Bracero Program initially sought to:

• A)grant temporary visas to Mexicans residing illegally in the United States.
• B)expel undocumented workers from the United States during the 1980s.
• C)alleviate labor shortages in the United States during World War II.
• D)grant permanent visas to Mexicans residing illegally in the United States.
• E)reduce the impact of drug smuggling into the United States by providing military support to the Mexican government.

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Definitions:

U.S. Treasury

Refers to the federal government department responsible for managing government revenue and also to the securities (like bonds) it issues, considered low-risk investments.

Put Option

A financial contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying asset at a specified price within a specified time.

Underlying Asset

The financial asset upon which derivatives such as options and futures are based, determining their value.

Strike Price

The set price at which the holder of an options contract can buy (in a call option) or sell (in a put option) the underlying security or commodity.