When the War in Iraq Began in 2003, Some MNCs

question 57

Multiple Choice

When the war in Iraq began in 2003, some MNCs feared that oil prices would ____ and that U.S. inflation and interest rates would ____.

• A) rise; rise
• B) fall; fall
• C) rise; fall
• D) fall; rise

---

Definitions:

German Aggression

German Aggression refers to the series of militaristic and expansionist actions by Germany, particularly during the early 20th century, that contributed to the onset of both World War I and World War II.

Munich Accord

The agreement reached in 1938 among Germany, Great Britain, France, and Italy that allowed Nazi Germany to annex part of Czechoslovakia in a failed attempt to prevent World War II.

1932 Presidential Election

The United States presidential election in which Democrat Franklin D. Roosevelt won a landslide victory over incumbent Republican President Herbert Hoover amid the Great Depression.

Personalities

Refers to the unique set of characteristics, traits, and behaviors that make up an individual's distinctive character.