What Was the Paris Accord, Signed in 1990 by Twenty-Two

question 53

Multiple Choice

What was the Paris Accord, signed in 1990 by twenty-two European countries, the United States, and the Soviet Union?

• A)An agreement to respect the environment and a pledge to undo the damage that had been done up to that point
• B)A formal recognition of the superiority of democratic political systems
• C)Essentially a general peace treaty that brought an end to both World War II and the Cold War
• D)A pledge to create an economic organization that would include all European countries and replace the European Community

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Definitions:

Weighted Average

A calculation that takes into account the varying degrees of importance of the numbers in a data set, giving weight to some numbers more than others.

Unit Contribution Margin

The difference between the selling price per unit and the variable cost per unit.

Margin of Safety

The difference between actual or projected sales and the break-even point; it measures the amount by which sales can drop before reaching the break-even point.

Profit-Volume Chart

A graphical representation that shows the relationship between a firm's profits and its volume of sales.