Which of the following statements regarding globalization is true?
a. Globalization has conquered the world and is growing stronger.
b. Most of the world's poor countries are benefiting from globalization.
c. Globalization totally depends on world markets staying open.
d. Countries that participate in globalization enjoy an average 20 percent annual growth rate.
e. Globalization is stable and not susceptible to banking and currency crises.
Question 2
What is the artificial currency that is based on the basket price of multiple currencies that the IMF uses to make loans?
a. IMF dollar
b. renminbi
c. Eurodollar
d. Special Drawing Rights
e. Reserve Drawing Notes
A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
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