Between the Sixteenth and the Nineteenth Centuries, the Number of African

question 50

Multiple Choice

Between the sixteenth and the nineteenth centuries, the number of African slaves shipped to the New World is estimated at

• A)one million.
• B)two million.
• C)five million.
• D)ten million.
• E)twenty-five million.

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Definitions:

High Wages

A level of income that is significantly above the average or minimum wage.

Protectionism

Economic policy of restricting imports from other countries through methods such as tariffs and quotas, intended to protect domestic industries from foreign competition.

Infant Industries

New or emerging industries in a country that are protected by the government through subsidies or tariffs to promote growth.

Foreign Suppliers' Dumping

The practice where a company exports a product at a price lower than the price it normally charges in its own home market, often with the intention to undercut local markets or gain market share.