Which of the Following Was NOT an Advantage the English

question 31

Multiple Choice

Which of the following was NOT an advantage the English and Dutch had over the Portuguese?

• A) They possessed faster,cheaper,and more powerful ships.
• B) They created joint-stock companies.
• C) They had much better captains.
• D) They were wealthier countries.
• E) They had much larger populations.

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Definitions:

Payoff Matrix

A visual representation in game theory of the potential outcomes or rewards from different actions or strategies adopted by players.

International Strategy

A business approach used by companies to expand their operations and market presence across national borders.

National Strategy

A comprehensive plan of action developed by a country to guide decisions and achieve rational outcomes.

Payoff Matrix

A table that shows the potential outcomes or payoffs in a decision-making situation, typically used in game theory to analyze the strategies of different players.