Nixon's New Relationship with China Was Made Possible By

question 64

Multiple Choice

Nixon's new relationship with China was made possible by:

• A) the discovery of China's vast oil deposits
• B) China's growing fear of the Soviet Union
• C) Nixon's landslide reelection in 1972
• D) the American public's more favorable attitude toward communism
• E) the removal of Vietnam as a source of division between the United States and China

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Definitions:

Tangible Capital Assets

Physical assets owned by a business that are used in its operation and have a useful life longer than one fiscal year, such as buildings and machinery.

PSAB

stands for Public Sector Accounting Board, which sets accounting standards for public sector entities in some countries, focusing on transparency and accountability.

Controlled Entities

Entities over which another entity has the power to govern financial and operating policies, typically through ownership of a majority voting interest.

Government Organization

An entity that is part of the government and is responsible for the administration and governance of a specific function or area.