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The wars in Iraq and Afghanistan touch the U.S. economy in a variety of ways beyond the impact of direct spending. First, Iraq has a lot of oil, and swings in the country’s production levels have an effect on global oil pricing. By some estimates, Iraq has the second-highest amount of oil in the world, behind Saudi Arabia. The Wall Street Journal reported in December 2007 that improving security conditions had allowed Iraqi oil production to return to pre-war levels. But the former Iraqi oil...
Answer:
mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports, in an effort to collect precious metals like gold and silver.
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Answer:
Cause: Japan was seeking to expand their control of the Pacific. They had seriously damaged the United States at Pearl Harbor, and were looking to permanently cripple the US in the Pacific with a decisive win at Midway. Effect: The US was able to discover Japan's plans by breaking their naval code.
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Answer:
Sir Francis Drake
Explanation:
Off the coast of Gravelines, France, Spain's so-called “Invincible Armada” is defeated by an English naval force under the command of Lord Charles Howard and Sir Francis Drake.
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