What is the common interest of states with respect to currencies?
A. a low value so that all states can import more
B. stability in exchange rates for the purpose of international transactions
C. a high value so that all states can export more
D. a high value so that governments can make money as their currency devalues
Answer: B
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An economically developed society correlates with ________._
A. a volatile stock market B. a sizable proportion of educated workers C. a well-equipped military D. a growing trade deficit
The increased centralization of ownership of media outlets has been accompanied by a significant decrease in the number of outlets
Indicate whether this statement is true or false.
Suppose you are an impoverished farm laborer living in a rural village in a developing nation. Globalization is likely to _____
a. increase prices for the domestically-produced basic necessities you now purchase b. decrease consumption of the agricultural goods your income is currently based on c. bring industrial jobs to your country that pay higher wages than you are currently earning d. push your government to create new social welfare programs aimed at reducing poverty
Economic groups
A) are those which require individuals to pay dues to be members. B) consist only of corporations, rather than individuals, as members. C) are those groups interested in wages, prices, and profits. D) lobby on behalf of all consumers. E) are those groups that provide information to Congress.