Nixon's Policy of "Vietnamization" Involved

question 30

Multiple Choice

Nixon's policy of "Vietnamization" involved:

• A) increasing the number of young men being drafted
• B) launching a U.S. invasion of North Vietnam
• C) establishing diplomatic and trade relations with North Vietnam
• D) gradually reducing the number of American troops in Vietnam
• E) working toward the reunification of North and South Vietnam

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Definitions:

Trade Deficit

A situation where a country's imports exceed its exports during a specific period, leading to a net outflow of domestic currency to foreign markets.

Net Exports

The value of a country's total exports minus its total imports; a measure of a nation's foreign trade balance.

Exports

Goods or services produced in one country and sold to buyers in a foreign country.

Adam Smith

An 18th-century Scottish economist and philosopher, best known for his theories on free market economics and the 'invisible hand' concept.