The housing bust in the United States in 2008 was driven in part by _____ loans.
A) balloon
B) marked-to-market
C) special
D) subprime
E) undervalued
Atlantis has a border skirmish with Rhodes in which 50 people are killed. That is the only conflict between those two nations that decade. The incident would likely be characterized as a(n)
A) asymmetrical conflict.
B) civil war.
C) imperialism.
D) militarized interstate dispute.
E) unconventional war.
A situation where a government runs out of cash and is unable to make minimum payments on its debt is known as a(n)
A) hyperinflated economy.
B) liquidity crisis.
C) resource curse.
D) strategic default.
E) trade war.
World War I and II are examples of
A) civil war.
B) extra-systemic war.
C) general war.
D) limited war.
E) terrorist conflict.
The WTO ruling that the American Congress could not restrict imports of Venezuelan gasoline, even if the country felt that gasoline to be environmentally unfriendly is an example of which downside of globalization?
A) Free trade punishes uncompetitive industries.
B) Greater chances of global recessions
C) Increased barriers for trade
D) Loss of democratic governance
E) Multinational corporations create unsafe work conditions.
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