The Berlin Blockade Was

question 51

Multiple Choice

The Berlin Blockade was:

• A) a barrier erected by Allied forces in postwar Berlin to shield them from angry protests of starving residents.
• B) a means for the United States to justify its threat to mobilize Allied forces stationed in Turkey.
• C) because the United States threatened to invade the Soviet Union.
• D) the reaction by the Soviet Union to the establishment of a separate currency in western Berlin's occupied zones.

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Definitions:

Net Purchases

Net purchases are the total amount of purchases minus returns, allowances, and discounts over a specified period, often used in analyzing inventory costs.

Sales Discounts

Reductions in the price of goods or services offered as an incentive to customers to encourage prompt payment.

Net Sales

The amount of sales revenue remaining after deducting sales returns, allowances, and discounts.

Sales Returns

Transactions where customers return previously purchased merchandise, possibly due to defects or dissatisfaction, impacting the seller's revenue.