Approximately how many financial crises have occurred in the world since the demise of the Bretton ...

Approximately how many financial crises have occurred in the world since the demise of the Bretton Woods system?

a. 7
b. 34
c. 71
d. 147

Which of the following is NOT a reason that the states involved in Bretton Woods were able to come to such a farreaching level of agreement?

a. There were only a few states involved, making agreement easier.
b. The states involved shared a common currency and domestic economic strategy.
c. The United States and Britain were able to compromise between their contrasting ideologies.
d. The United States was willing to assume the burden of hegemonic leadership.

What is the outcome of very high inflation or hyperinflation?

a. The nations will have a balance of trade surplus.
b. The nation's exchange rate increases compared to other currencies.
c. Arbitrage of that nation's currency increases.
d. The currency of the nation becomes basically worthless.

Governmental policy tools for managing economies including taxation and spending is called _____ .

a. monetary policy
b. exchange rate
c. fiscal policy
d. money supply

Advocates of _____ policy believe that by controlling the growth of the money supply, governments can regulate their nations' economic activity and control inflation.

a. exchange rate
b. fiscal
c. commercial liberalism
d. monetary

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Approximately how many financial crises have occurred in the world since the demise of the Bretton ...

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