« previous next »

Author Question: Why, according to Stiglitz, are SDRs inadequate as a global reserve currency? a. SDRs are pegged ... (Read 82 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
on: Sep 4, 2018
Why, according to Stiglitz, are SDRs inadequate as a global reserve currency?
 
  a. SDRs are pegged to the US dollar.
  b. Their exchange rates fluctuate too wildly.
  c. Poorer countries have no access to them.
  d. They are allocated based on a country's shares in the IMF.

Question 2

According to Stiglitz, switching to a global reserve currency will reduce the value of the US dollar, but __________.
 
  a. ultimately reduce US deficits
  b. increase the value of the euro and RMB
  c. also reduce the value of all other currencies
  d. spur foreign investment in the US


pallen55

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Sep 4, 2018
Answer to Question 1

d

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Grevy's zebras in Samburu National Reserve. Grevy's zebras in Samburu National Reserve.
The Global Climate System Is Very Complex The Global Climate System Is Very Complex
Latin America in the Global Economy Latin America in the Global Economy
Regional and Global Connections Regional and Global Connections
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
Agriculture is responsible for as much as 15% of global greenhouse gas emissions Agriculture is responsible for as much as 15% of global greenhouse gas emissions
Video: Chemical Changes

For a complete list of videos, visit our video library