The theory of ____________________ held that a country should try to gain as much gold and silver as it could in order to become wealthy and powerful.
a. salutary neglect
b. balance of trade
c. mercantilism
d. balance of trade
Ans: c. mercantilism
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The labor union movement followed many different philosophies, including
A) craft organized. B) nationwide. C) anarchist. D) socialist. E) all of the above.
B.G. Tilak promoted ________ in pushing for Indian independence
A) Sikhism B) Hinduism C) Islam D) religious toleration
Although many Americans were fond of alcohol, all of the following events showed that Americans also worried about the nation's drinking habits EXCEPT
A) the Army ended the traditional whiskey ration for troops. B) McGuffey's Readers included stories about the "scene of desolation" that liquor created. C) immigrants were willing to give up alcohol in order to be assimilated into American culture. D) some religious groups determined that drinking and Protestant Christianity were not compatible.
How did IMF policies exploit the East Asian financial crisis?
A) The loans by the IMF required a loss percentage of business to Western investors. B) The IMF solution put many out of work in Asia, and enabled the westerners to buy Asian businesses at bargain prices. C) The solution to restore laissez-faire policies favored the East not the West. D) The currency controls favored the East not the West. E) The IMF did not exploit the East Asian financial crisis.