The scale of transactions in the international capital market has
A) grown more quickly than world GDP since the early 1970s.
B) grown less quickly than world GDP since the early 1970s.
C) grown about the same rate as the world GDP since the early 1970s.
D) been fixed by international regulations.
E) decreased more quickly than world GDP since the early 1970s.
Question 2
Under the gold standard
A) a perpetual surplus is possible.
B) a perpetual deficit is possible.
C) a perpetual surplus is impossible, but a perpetual deficit is possible.
D) a perpetual deficit is impossible, but a perpetual surplus is possible.
E) a perpetual surplus is impossible.
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