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 financial transactions
C) A high value, so that all states can export more
D) Instability in exchange rates, so that governments can make money when the value of their currency increases
Answer: B
You might also like to view...
Which of the following is not one of the empirical regularities of the democratic peace?
a. Democracies that are major powers are more constrained than democracies that are minor powers. b. Transitional democracies are less constrained than full-fledged democracies. c. Democracies make a greater effort to win a war than nondemocracies. d. Wealthy democracies are more constrained and less likely to initiate a war that less affluent democracies.
The trend since the 1980s toward increasing reliance on non-governmental firms to provide public services is called:
A. comparable worth. B. management by objectives. C. program termination. D. privatization.
Following the American Revolution, the original thirteen states decided to choose judges through which of the following?
A. partisan elections B. appointment C. nonpartisan elections D. merit selection
Citizens in California may propose laws via the initiative process at what level of government?
A. federal, state, county, city B. state, county, city C. county and city only D. city only