Author Question: Why, according to Helleiner, was the United States' role as lender-of-last-resort in the financial ... (Read 87 times)

NClaborn · **on:** Sep 4, 2018

Why, according to Helleiner, was the United States' role as lender-of-last-resort in the financial crisis unique?

a. It had the military and economic power to enforce new regulations.
b. The financial crisis had begun in American markets and subsided by the time it spread abroad.
c. It was, at the time, the world's largest economy.
d. It could print unlimited amounts of dollars.

Question 2

From Fearon's perspective, why are wars always inefficient ex post?

a. War always has costs.
b. Preparation for war is far greater than preparation for peace.
c. States generally have enough information about the adversary to guarantee peaceful relations.
d. Peace treaties always produce better consequences than war.