Select the correct benefits and drawbacks to a floating exchange rate:
a. Supply and demand are market driven but governments can manipulate value by either printing money or removing money from circulation.
b. Could be used to replace domestic currency if it is weak, financial institutions are suspicious, and the dollar is strong.
c. Could do very well if tied to a strong currency but suffers from vulnerability to other country’s recession.
d. Could produce a private good economy but encourages a currency black market.
Ans: a
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The Chicago Council on Foreign Relations studied decades' worth of surveys of public and elite opinion on foreign policy issues. Which of the following statements is an accurate reflection of the researchers' conclusions?
a. The public is less supportive of international cooperation than are the elites. b. The public is less supportive of the United Nations than are the elites. c. The public is much more eager than the elites to use force in foreign affairs. d. The public is much less eager than the elites to use force in foreign affairs.
The Islamic legal system is based on __________ law
Fill in the blank(s) with correct word
The __________ voting bloc is the strongest predictor in U.S. voting
Fill in the blank with correct word
Which organization is a global association of governments facilitating cooperation in international law, international security, economic development, and social equity?
A. NATO B. World Trade Organization C. United Nations D. Warsaw Pact