The first major American opposition to British policy came in 1765 after Parliament passed the Stamp Act, a taxation measure designed to raise revenues for a standing British army in America. Under the banner of “no taxation without representation,” colonists convened the Stamp Act Congress in October 1765 to vocalize their opposition to the tax. With its enactment in November, most colonists called for a boycott of British goods, and some organized attacks on customhouses and homes of tax collectors.
After months of protest in the colonies, Parliament finally voted to repeal the Stamp Act in March 1766. Most colonists continued to quietly accept British rule until Parliament’s enactment of the Tea Act in 1773, a bill designed to save the faltering British East India Company by greatly lowering its tea tax and granting it a monopoly on the American tea trade. The low tax allowed the company to undercut even tea smuggled into America by Dutch traders, and many colonists viewed the act as another example of taxation tyranny. Hope this helps!
0 will the error in prediction be when the absolute value of the correlation coefficient is 1.
The precise metric used in a correlation analysis to quantify the strength of the linear relationship between two variables is the correlation coefficient. In a correlation report, r stands for the coefficient.
In statistics, correlation coefficients are frequently utilized in the field of investing. They are crucial in fields including performance assessment, quantitative trading, and portfolio composition. The correlation coefficient's numerical component expresses how strong the link is. The variables are more firmly associated and the more predictable changes in one variable will be as the other variable changes the closer the number is to one, whether it is negative or positive.
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Answer:
b. cost-related
Explanation:
Direct foreign investment is a way of investment by a firm or an individual which is made in one country into the business interests available in the other country.
In the context, country with low income and high rate of unemployment is a high target by the United States's firms because of cost related motives as the firm who makes investment and engages employees to work are likely to pay less as wages to its employees. It will give benefits to the firm in relation to the cost.
