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nr01404 nr01404
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6 years ago
Most of the fiscal crises in the past thirty years have occurred in Global North rather than the Global South due to their more sophisticated financial systems.
 
  a. True
  b. False
  Indicate whether the statement is true or false



The volume of currencies traded in global market is, by necessity, exactly equal to the amount of currency that domestic governments have in reserves.
 
  a. True
  b. False
  Indicate whether the statement is true or false



On the global currency market, over 4 trillion of currency changes hands every day.
 
  a. True
  b. False
  Indicate whether the statement is true or false



When the United States government backed up the dollar with gold, it was known as arbitrage.
 
  a. True
  b. False
  Indicate whether the statement is true or false



Globalization is a vague term that can be used in a multitude of ways but broadly defined is the increased integration of markets, trade, finance, and technology.
 
  a. True
  b. False
  Indicate whether the statement is true or false
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scottypedermanscottypederman
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6 years ago
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nr01404 Author
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6 years ago
Another correct answer
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