In response to the financial crisis, the United States
A) renewed its commitment to financial liberalization.
B) poured billions of dollars into credit markets and banks to restore confidence.
C) clearly stated that there was no similarity to the Great Depression of the 1930s.
D) failed to reach consensus between Republicans and Democrats about how to proceed.
India largely avoided the global financial crisis because
A) its Reserve Bank had taken a conservative approach and rejected many financial innovations.
B) the country was protected by its geographic distance from the United States.
C) real estate development is unknown in India.
D) of the country's close relationship with Japan.
Which of the following is NOT a characteristic of an independent state system?
A. It consists of sovereign states
B. Rising powers are often viewed as threats
C. States in the system are equal
D. There is some interdependence
E. States constrain each other's actions somewhat
Subprime loans that helped cause the financial crisis included
A) adjustable-rate mortgages.
B) sovereign wealth funds.
C) hedge funds.
D) A and B
Which of the following is the LEAST structured of the four historical international systems?
A. The independent state system
B. The hegemonic state system
C. The imperia system
D. The feudal system
E. All systems are fairly equal in terms of structure.
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