Forming trading companies was the most profitable way to conduct trade in the 1700s because __________
a. they were private enterprises made up of members from many countries which gave them the ability to expand their trade globally
b. they paid fewer taxes than independent traders
c. they were given trade privileges and military protection by the state which chartered them
d. they were strongly protected by the world's great navies
C
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What key area does Wade suggest should be watched in terms of gauging the robustness of governmental responses to the crisis—an area that Warren Buffet described as "financial weapons of mass destruction"?
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