Reserves of hard currency and gold maintained by states back a national currency and cover short-term imbalances in international financial flows.
Indicate whether the statement is true or false.
What was the eventual result of Soviet reforms of perestroika and glasnost?
a. Dissolution of the Soviet Union
b. Beginning of the Cold War
c. Sino-Soviet split
d. Dtente
e. The fall of the Berlin Wall
Which of the following is NOT one of the most significant changes of the post-Cold War era?
a. The end of bipolarity
b. Globalization
c. Colonialization
d. Democratization
e. Rise in communication technology
Which of the following is an aspect of the information revolution that helps the already large and powerful?
a. That the speed of information flows has increased immensely
b. That the cost of transmitting information has dropped dramatically
c. The relative fall in the importance of military power
d. Greater economic interconnectedness across states
e. That the collection and production of new information often requires major investment
The rise of the dollar-gold standard in 1971 reflected the decline of America's preeminent financial position.
Indicate whether the statement is true or false.
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