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chinguun chinguun
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6 years ago
Which of the following is NOT an example of the way states' economies have become more closely linked through globalization?
 
  a. A U. S. government shutdown closing national parks and museums
  b. U. S. bond purchases by Chinese investors
  c. Financial crises in the United States creating turbulence in world markets
  d. Revolutions in the Middle East causing world oil price increases



To combat the instability of floating exchange rates, some regions are looking to pool sovereignty and create a common currency regulated by a regional central bank.
 
  a. True
  b. False
  Indicate whether the statement is true or false



The first phase of the 2008 global financial crisis is displacement, which refers to a change in the system that alters and creates profit opportunities for financial gain.
 
  a. True
  b. False
  Indicate whether the statement is true or false



The financial crisis of 2008 was caused solely by irresponsible lending by mortgage bankers.
 
  a. True
  b. False
  Indicate whether the statement is true or false



Since the early 1970s, the world has had a system of fixed, but adjustable exchange rates.
 
  a. True
  b. False
  Indicate whether the statement is true or false
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ShmartboiShmartboi
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6 years ago
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chinguun Author
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6 years ago
Passed my quiz with this!
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