In What Year Was the Declaration of Independence Signed

question 38

Multiple Choice

In what year was the Declaration of Independence signed?

• A)1776
• B)1801
• C)1797
• D)1789
• E)1805

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Definitions:

Exports Equal Imports

This term refers to a situation in balance of trade where the value of a country's exports equals the value of its imports.

Balance of Payments

A comprehensive record of a country's financial transactions with the rest of the world, including imports, exports, and capital flows.

Economic Transactions

Activities involving the exchange of goods, services, or money between two or more parties.

Bretton Woods System

A monetary management system established in 1944, which set fixed foreign exchange rates for currencies in relation to the U.S. dollar and established the International Monetary Fund (IMF) and the World Bank.