What effect have foreign currency markets had on exchange rates since 2000, as explained by Wade?
a. External deficits and surpluses have shrunk, increasing the stability of much of the global economy.
b. They have caused many economies running surpluses to experience strong currency appreciation.
c. They have had little impact on foreign exchange rates, which has frozen income inequality between states.
d. They have driven exchange rates in the right direction, causing many economies running large external deficits to experience currency depreciation.
e. They have driven exchange rates in the wrong direction, causing many economies running large external deficits to experience currency appreciation.
Answer: d
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An alternative theory to “punctuated equilibrium” is the concept of “muddling through.” In the context of policymaking, what is the meaning of this concept?
a. progress that is abruptly halted b. political and human factors result in compromise between Congress and the executive c. policymaking in the United States that is rigidly guarded as a process that always balances both sides of the debate d. stability that suddenly goes awry e. long periods of stability that are broken up by sudden and abrupt change
A fundamental transformation of an existing regime that is instigated and primarily carried out by a social movement or armed group is known as a(n) ______.
A. ideological revolution B. political revolution C. social revolution D. true revolution
The Food Safety Modernization Act was passed in ______.
A. 2008 B. 2010 C. 2012 D. 2014
Most incidents of protest in California have been about differences that are primarily ______
Fill in the blank(s) with correct word