The Navigation Acts (1651 and later amendments)
(a) defined the British Empire within Europe and restricted shipping and trade between it and the external world.
(b) had a major purpose of enlarging and protecting the King of England's income derived from trade through shipping and trade.
(c) advanced free trade across the British Empire.
(d) held true for all of the above.
(b)
Economics
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Diseconomies of scale are most likely at very low levels of output
a. True b. False Indicate whether the statement is true or false
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The level of money income below which a family is considered poor is called the
a. bottom 20 percent of the income distribution. b. poverty threshold income level. c. guaranteed income level. d. subsistence income level.
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