The Monarchy of Thailand Was Successful In

question 37

Multiple Choice

The monarchy of Thailand was successful in:

• A) avoiding all Western influence
• B) adopting some Western innovations and playing the British against the French
• C) developing an exclusive trade relationship with the British Empire
• D) protecting neighboring countries from colonization

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Definitions:

Regulatory Restrictions

Legal requirements or constraints imposed by government bodies that limit or regulate business operations or practices.

European Union

A political and economic union of 27 European countries that are tied by common policies on trade, agriculture, laws, and more.

World Recessions

Periods of global economic downturn characterized by a significant decline in activity across economies worldwide.

Economic Conduct

Behaviors and practices of businesses and consumers that are influenced by economic variables such as prices, income, and market trends.