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Home Q & A Board Humanities Legal Studies Political Science
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jriveri14 jriveri14
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6 years ago
Globalization is
 
  a. an exclusively economic phenomenon.
  b. an exclusively political phenomenon.
  c. an economic and political phenomenon.
  d. an economic, political, and cultural phenomenon.
  e. None of the above is true.


The Group of 20 (G 20) represents which percentage of world GDP?
 
  a. 20 percent
  b. 40 percent
  c. 60 percent
  d. 80 percent
  e. 90 percent


The situation that results when a state buys more from abroad than it sells is known as a(n)
 
  a. devaluation.
  b. floating exchange rate.
  c. managed exchange rate system.
  d. balance-of-trade deficit.
  e. inflation.


Which of the following is the world's reserve currency?
 
  a. Euro
  b. Dollar
  c. Yen
  d. Pound
  e. Renminbi


Dollar convertibility refers to
 
  a. the ability to exchange dollars for any other currency.
  b. the ability to convert dollars to commodities such as exported goods.
  c. the ability of the World Bank to devalue the dollar.
  d. the pricing of a barrel of oil in U.S. dollars.
  e. the U.S. commitment to exchange gold for dollars.
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austinmark1austinmark1
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jriveri14 Author
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6 years ago
I appreciate this
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