The __________ Equity Market Had the Highest Average Local Currency

question 11

Multiple Choice

The __________ equity market had the highest average local currency excess return between 2000 and 2009.

• A)Columbian
• B)Norwegian
• C)U.K.
• D)U.S.
• E)none of the above

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Definitions:

Chesapeake Planters

Wealthy landowners in the Chesapeake Bay area during the colonial and early United States periods, known for cultivating tobacco as a cash crop.

African Slaves

Enslaved people brought from Africa to the Americas and other places through the transatlantic slave trade, used for labor from the 16th to the 19th century.

Indentured Servants

Laborers who worked under a contract for a certain period of time, usually without pay but in exchange for free passage to a new country, common during the colonial period in America.

Mercantilism

An economic theory and practice dominant in Europe from the 16th to the 18th century, focusing on building a nation's wealth by exporting more than it imports and accumulating precious metals.