International political economy can be defined as
a. international organizations, such as the International Monetary Fund and the World Bank, that directinternational investments.
b. the comparative advantage industrialized nations have over agriculturally-based nations.
c. the mutual relationship between international politics and international economy.
d. the domestic fiscal and monetary policies developed by sovereign states.
Question 2
China has accumulated approximately how many U.S. dollars in its foreign currency reserves?
a. 400 million
b. 40 billion
c. 400 billion
d. 24 trillion
In 2008, the U.S. economy suffered a gaping wound as several trillion dollars were ripped out of it.
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